US30 took my sell profit and gonna wait to see what happens at opening. That morning wick nearly gave me a heart attack but im committed to the bears . I wanna see 39k and lower
US30 That is my view and final conclusion of the US 30 : looks like what I said is going to happen 😊 My TP1 on my idea is going to happen indeed no doubts But even it could go lower than it till 41837 When the index reaches to the purple uptrend line on my idea will be so critical zone believe me.. I could read two indications First one tells me that US 30 is preparing to start the biggest ever bullish wave soon Second indication is by around 65% confirmation that this index is targeting 40860 and I have powerful indications that that could happen The most important price currently is 42160 if one daily candle, I mean it, one daily candle ONLY will close below 42160 , is enough to send the price further down That is why it is so important for bulls to not close under the purple uptrend line and not under 42160
SPXNAS100DJI “You have to be a little careful. Corporate profits are a little like oxygen; they’re in the air, and everybody is breathing it. But if you look at the last 80 years or so, corporate profits have been about 6% of GDP. For the last five years, they’ve been 8% of GDP. I would say that’s not a sustainable number over time.” – Warren Buffett (2006).
U.S. corporate profits after tax are currently at 11.58%—one of the highest levels in history. Consumers are not spending money, yet corporations continue to generate increasing profits. This trend is unsustainable in the long term. Additionally, high charge-off rates are an alarming sign of financial strain.