2 day chart showing doji compression after an overextended move.
If you know me, you know these are the type of opportunities when I look for the next long term investment.
Daily red a cross the board on all indicators, 2 day is shifting red on the ema dots. The 15 ema dots on the bottom still trying to make its transition.
I currently have a lot of size sitting in on dow jones index short as it is playing off previous high.
The name of the game. Find the trend reversals and play with good risk management.
I believe 1432 is a good level to keep an eye on for a breakout to see how exhausted this move really is.
Best of luck.
If you know me, you know these are the type of opportunities when I look for the next long term investment.
Daily red a cross the board on all indicators, 2 day is shifting red on the ema dots. The 15 ema dots on the bottom still trying to make its transition.
I currently have a lot of size sitting in on dow jones index short as it is playing off previous high.
The name of the game. Find the trend reversals and play with good risk management.
I believe 1432 is a good level to keep an eye on for a breakout to see how exhausted this move really is.
Best of luck.