a short update on the U.S. equity side.
We expect the Dow Jones to resume its correction from around current prices. As we think the correction in U.S. Equities is not over yet.
With a break above 21100, it would cancel or view for the short term that we could see more correction to the downside. Let's see!
Intermarket indications are not suggesting any divergence as of for right now.
We analyze the markets and take positions on a structure and Intermarket relations and reasons, so we don't just buy or sell it randomly, there is a tested and profitable strategy and structure technique behind it.
Never risk more than 0.5% on each trade and use always a tested strategy. Never overleverage as you will eventually lose your account!
Hope that helps.