MYM Showing Signs of Bull Trap | Market Structure
"Show me the weekly charts and I'll show you the news"
For MYM/ Dow Jones we have a clear market structure being formed with lower highs and lower lows with a distinct trend line. There is still bearish news with inflation until December at least for the feds, the market is showing signs that we are preparing to go short for the next month or so.
If we close Friday with a wick on the weekly, prepare to enjoy some nice trends that shall sink like the Titanic over the next few weeks.
For MYM/ Dow Jones we have a clear market structure being formed with lower highs and lower lows with a distinct trend line. There is still bearish news with inflation until December at least for the feds, the market is showing signs that we are preparing to go short for the next month or so.
If we close Friday with a wick on the weekly, prepare to enjoy some nice trends that shall sink like the Titanic over the next few weeks.
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.