Hello Traders,
It looks like the Dow had a massive crash yesterday as our buy analysis didn't play out as expected. I expect price to continue heading lower due to the uncertainty of this upcoming election, Covid cases increasing, and the lack of stimulus.
If the Dow does not bounce off 27000 for longs, price will continue heading lower for an indefinite amount of time.
It looks like the Dow had a massive crash yesterday as our buy analysis didn't play out as expected. I expect price to continue heading lower due to the uncertainty of this upcoming election, Covid cases increasing, and the lack of stimulus.
If the Dow does not bounce off 27000 for longs, price will continue heading lower for an indefinite amount of time.