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Dow Jones Index (US30): Can We Go Lower? 📈

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āļŠāđāļ™āļ›āļŠāļ­āļ•

Hey traders,

As I predicted, US30 dropped again this week and set a new lower low lower close on a daily.
The market is currently trading within a falling parallel channel perfectly respecting its boundaries.

Next week I will expect a bearish trend continuation within the channel.
Be prepared for a further decline.

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Check my new analysis on CADCHF:
CADCHF: Bearish Breakout & Bearish Continuation ðŸ‡ĻðŸ‡ĶðŸ‡Ļ🇭
dowjonesElliott Wavefundamental-analysisParallel ChannelpriceactionpriceactionanalysispriceactiontradingTrend LinesUS30

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