US30 HTF SHORT IDEA!

Facts that support Dow Jones could do a pull back to 29500 area.

Considering the fact that United States Government Debt to GDP is trading at all time high 129%.

Considering the fact that Feds going to increase rate hikes on the 26th of July, we could potentially see the greed of the stock market is going to decline. Because whenever feds increase the rate, the dollar gets strong, and the stock market tends to decline.

Considering the fact that consumer spending is increasing due to the labor market is doing surprisingly good regardless of the fed rate hikes.