On the 20th of April, Institutional fundamentals came into the Market and Validated the Long rise of the DOW to begin going Short. As you can see from the Daily time frame, a clean institutional buy before you sell candle in white was introduced into the market following an aggressive expansion to the down side with two large black institutional marabuzo candles and pulling back to create new liquidity into the market with 4 equal highs disguised as a double top chart pattern.
Immediately, we created another aggressive expansion to the down side and pulled back to create another group of equal highs in the form of a trend line which created the second pool of equal liquidity that was introduced into the market by institutions. This form of market manipulation has caused retail traders to begin trading the DOW back to the upside as of June 17th to fill and grab all the two liquidity traps created by the institutions.
As we approach the obvious buy before you sell supply zone, we can expect and anticipate the institutions will come in and take over the selling once again after all liquidity gaps have been filled and mitigated. We should see a retest and respecting of the price to stay below 34840 and short below 30000 points. There is a great opportunity to participate in both sides of this trade. Be responsible and don't over leverage your entries.
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Immediately, we created another aggressive expansion to the down side and pulled back to create another group of equal highs in the form of a trend line which created the second pool of equal liquidity that was introduced into the market by institutions. This form of market manipulation has caused retail traders to begin trading the DOW back to the upside as of June 17th to fill and grab all the two liquidity traps created by the institutions.
As we approach the obvious buy before you sell supply zone, we can expect and anticipate the institutions will come in and take over the selling once again after all liquidity gaps have been filled and mitigated. We should see a retest and respecting of the price to stay below 34840 and short below 30000 points. There is a great opportunity to participate in both sides of this trade. Be responsible and don't over leverage your entries.