forexmilitia

Bearish DJIA hidden divergence

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TVC:DJI   道瓊斯工業平均指數
The Dow Jones is still in a downtrend even though we had the recent bullish pullback an this is evidenced by the formation of hidden divergence. The formation of hidden divergence usually means a continuation of the established trend will continue. The red lines on the price action and on the MACD, give you the setup. My target would be 31,000 and then 28,750
The COT shows the Non-commercials are short.
交易結束:目標達成:
closed trade @31,600

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