US30: Will History Repeat Itself?

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US30: Will History Repeat Itself?

On the left side of the chart, we can see that after breaking below the second pattern, US30 experienced a sharp bearish move.

Now, a similar pattern is forming, and the index has just printed another historical high. If price breaks below the current structure—just as it did previously—there’s a strong possibility of another aggressive drop.

A breakdown could trigger a repeat of the past sell-off, especially if momentum shifts to bearish and if Powell makes interesting comments at the Jackson Hole Symposium.

You may find more details in the chart!
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Ghi chú

US30 reached 44566