Greetings
After the breakout from Dec we seeing the DOW trying to retest the trend line at 25000 but we have the daily 100EMA crossing the 200EMA leading me to think they might pull down to the ~24000 handle. Like many are suspecting the DOW might see a substantial loss this year and give back 2017 bull run to the bears and sink back down to 18000-19000. If they break 24000 downward it might go into another free-fall. TA does point towards this happening but that's only if this pullback fails to go higher.
Signs of the next big bust?
Leave a comment and share you're thoughts. Leave a like and I'l return the favor ;).
Not financial advice, just my idea on things.
After the breakout from Dec we seeing the DOW trying to retest the trend line at 25000 but we have the daily 100EMA crossing the 200EMA leading me to think they might pull down to the ~24000 handle. Like many are suspecting the DOW might see a substantial loss this year and give back 2017 bull run to the bears and sink back down to 18000-19000. If they break 24000 downward it might go into another free-fall. TA does point towards this happening but that's only if this pullback fails to go higher.
Signs of the next big bust?
Leave a comment and share you're thoughts. Leave a like and I'l return the favor ;).
Not financial advice, just my idea on things.