Very interesting Price range to look at now for US30.
After two consecutive negative GDP numbers, market still went up. What I believe is the fed is sugar coating they make investors not to worry. However a big dump is going to happen soon.
This was after one of the feds meetings, market went up a lot that day, but next day came back more down. So what is happening right now is the same thing but on a bigger scale!
I am looking at US30 to at least retest the 32000 range before either coming back up or dropping more.
We are not in a recession, but we most likely will be in a recession. Recession will only be validated if we break the monthly lows on US30!
Misho
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Misho
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