US30 (Dow) - target 18282 - expect volatility

22 Mar 2020

US30 (Dow) - Target 18282 - Expect pull backs and volatility! - Use stops and trail stops to lock profits or break even - there will be many opportunities to re-enter a trade - The big boys will try to buy the markets up(they have a lot to lose). The bottom line is they can't create value were there is no value. Companies with no revenue cannot maintain value or project value. Many companies will not come back without a bailout. So long term this will be a bear market even with the retracements(bounce backs). The only thing that can really change things is a complete halt to all bill payments on things such as real estate, cars and credit lines for individual and companies. In order to maintain order and lawfulness and to augment payroll shortages by companies and states, there will have to be substantial cash grants to all citizens in the next 2-4 weeks. Otherwise, the only solution is a Cure!

Plan?: as Before, Sell drops below 50 EMA. Stops if price crosses above your entry candle or the 50 EMA.
If we go hyperbolic, then same plan using the 20 EMA.

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22 Mar 2020

İşlem kapandı: hedefe ulaştı

Target Hit 18282. Expect bounce and volatility from here