US30 Wall Street Testing Demand Area- So Far Failed

US30 Wall Street is in its last demand test, which indicated a failure on Friday... Expecting to make a downfall on Monday, and the entire week, most probably will take a big dive down.... Most of the pull backs to the demand area, is based on Bull Traps, and even on Friday was a Bull Trap...

Yorum:

Warning Sign: Get out of Stocks of any company which is highly leveraged, or debt ratio is above average... As as a recession is looming, combined with trade wars, I expect a bigger financial crisis on the horizon, and companies such as Lehman Brothers which are highly leveraged will pop up and collapse with a start of any economic downturns...