My target for US30/Dow Jones is 29000
My reasons :
Technically, price failed to create new highs and it's a signal that bullish momentum is turning bearish, which will be confirmed if the weekly candle close below 32000
Fundamentals also are putting pressure on Dow Jones, as we have SVB saga, inflation, strong dollar, US debt deficit and more
My reasons :
Technically, price failed to create new highs and it's a signal that bullish momentum is turning bearish, which will be confirmed if the weekly candle close below 32000
Fundamentals also are putting pressure on Dow Jones, as we have SVB saga, inflation, strong dollar, US debt deficit and more
