US30 “Risk small, win big that’s the US30 mantra”Dow Jones Industrial Average Index forum
US30 “Risk small, win big that’s the US30 mantra”
US30 did i not call it
US30 lets the crash beginUS30 this wl fall hardly but so hardly
US30 Last Call for This Session:It looks like on the Hourly, the bulls want to do a full wick fill that's closer to the previous Shooting Star's high of 44,267. If the bulls close past that price, then they intend to go even higher. But if not, then the bears will eventually show up to drop down and fill the lower wick of the previous Pinbar Hammer and potentially go much lower.
DJI Friday woking scaring and woking begins sending u home get nervous sell on Monday if only we could eliminate the media ah peaceUS30 On the Hourly, a Double Inside Day showed up, which means that a BIG move is coming.There's both an upper wick to fill on the previous, very tall Shooting Star and we now have a tall lower wick to also fill with the previous Pinbar Hammer (that is an aggressive candle), which can lead to either a decent bull run or a new bullish trend.
Also, a Triple Bottom formed.
US30 As a reminder, all of the higher timeframes are aligned again to be in Bearish (directional) Market Bias, which includes the Daily, 4-Hour, and Hourly.This tall Shooting Star has a very tall upper wick. A bullish candle in the new hour may show up to fill that upper wick, either partially or in full to the candle's high, then head down again. If it doesn't happen right away, the wick will get filled eventually.
This bearish descent from a Shooting Star that signals an Overbought condition is also a top reversal pattern. The bears may create a long bearish trend to finish forming the M-shaped pattern. We'll see if that happens.
US30 44300 is comingUS30 On the Hourly, the bears are about to attempt a drop down for a breakout from the Inside Day pattern that price action has been widely consolidating within.Conservative Take Profit Projections:
43,994 - Low of Inside Day for a Breakout
43,881 - Top of S&R Zone
A complex M-shaped pattern is forming and this may be the last and 4th leg that is typically a long, bearish trend.
