Hi Traders. The Dows has been in a strong sell-off since December 2021.
Most people have been asking 'where's the bottom?'.
Personally, I won't really try to guess the bottom until price shows signs of a potential Bullish reversal.
For now, as price is still showing lots of signs of a healthy downtrend, really wouldn't be surprise to see some further Bearish pressure.
I'll pay attention to how price reacts around 29,500. Once it is broken, it could lead to further sell-off.
If you enjoy the content, make sure you follow my profile and click the like button.
Take care and trade safe.
All the content I've posted are for educational purposes, please perform your own research and only take it as a reference.
Most people have been asking 'where's the bottom?'.
Personally, I won't really try to guess the bottom until price shows signs of a potential Bullish reversal.
For now, as price is still showing lots of signs of a healthy downtrend, really wouldn't be surprise to see some further Bearish pressure.
I'll pay attention to how price reacts around 29,500. Once it is broken, it could lead to further sell-off.
If you enjoy the content, make sure you follow my profile and click the like button.
Take care and trade safe.
All the content I've posted are for educational purposes, please perform your own research and only take it as a reference.
