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Us30 is extremely over extended!
right now we are seeing us30 rally (its been going parabolic for a few days now) this is super bearish.
right now we are going parabolic + we are in a rising wedge. ( could lead to consolidation next week and possibly a sharp sell off in 2 weeks)
i do think that we are very close to topping out!
here are your selling points/ targets:
Yellow Path:
a good selling point is at 32,559
your first target/ second selling point is at 32,363
and your final target is at 32,158
red path:
a good selling point is at 32,716
your first target/ second selling point is at 32,559
and your final target is at 32,363
once it does hit these targets i do think we will push up before we break out
(TAKE THIS TRADE AT YOUR OWN RISK)
right now we are going parabolic + we are in a rising wedge. ( could lead to consolidation next week and possibly a sharp sell off in 2 weeks)
i do think that we are very close to topping out!
here are your selling points/ targets:
Yellow Path:
a good selling point is at 32,559
your first target/ second selling point is at 32,363
and your final target is at 32,158
red path:
a good selling point is at 32,716
your first target/ second selling point is at 32,559
and your final target is at 32,363
once it does hit these targets i do think we will push up before we break out
(TAKE THIS TRADE AT YOUR OWN RISK)
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