DOW JONES might be done handing us fantastic entries -- after confirming bearish CHANGE IN TREND. The triangle/wedge is coming to an end and price has to decide one or or another... I see a bloodbath happening in the next day or so...Price has shown a tendency to be heavy in the last 2 weeks and this 23,300-24,500 rally is just a sell-off waiting to happen.
Im actually on my trade platform right now, entering in another short...so I leave you withanother 10 minute movie on the saga...
The final short entry: Triangle breaks, Dow breaks with it.
Same trade ... But the other way. (Entered a couple of days ago).
Same risk/reward ratio, as far as the upward trend line is broken.
Trend is your friend ... friend ! But maybe you're right...
Same risk/reward ratio, as far as the upward trend line is broken.
Trend is your friend ... friend ! But maybe you're right...