Daily: at the bottom of a bearish channel
Weekly breaking below the support line strongly
Monthly: lower highs and lower lows for 3 months in a row! this pattern was only seen during the 2022 bearish market in the post-pandemic era!
Conclusion:
It is highly likely that we are moving toward a bearish market and any upward move should be considered temporary
The same story is true for SPX:
https://www.tradingview.com/x/oakLsB7l/
DJI:
https://www.tradingview.com/x/jjqU4bDn/
Weekly breaking below the support line strongly
Monthly: lower highs and lower lows for 3 months in a row! this pattern was only seen during the 2022 bearish market in the post-pandemic era!
Conclusion:
It is highly likely that we are moving toward a bearish market and any upward move should be considered temporary
The same story is true for SPX:
https://www.tradingview.com/x/oakLsB7l/
DJI:
https://www.tradingview.com/x/jjqU4bDn/
Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.