tradingtradefortading的DJ:DJI的Dow Jones Industrial Average DJIA possible SHORT (cont.)

Dow Jones Industrial Average DJIA possible SHORT (cont.)

Possible continuation pattern forming, not perfect but could be considered a BEARISH CYPHER if trend continues to target on the short term.

Makes sense to have a small bull trap on the way down, something to keep your eyes on in any case.

USA SHORT TMF + ETFS that i have looked into.
BBUS QQQ QID

DYOR

CYPHER TARGETS ARE THE 618 and 100% retracements of leg C - D but I believe a roll over and further downtrend will continue

not a financial advisor

取消訂單

If CYPHER didn't fail the target 1 would have been accomplished.

註釋

And that't target 2 IMO it is just shy but i would be happy with that, it will continue down though mid term.

註釋

With both targets hit it will be interesting to see what happens here,
We have built some bullish Divergence I wouldn't be surprised if we have a Bullish push back here. not for long though.