DOW JONES inside a bearish wave. Expect lower prices.

11月18日

Dow Jones is trading inside a Channel Up since August.
However at the moment it is still on a bearish wave.
Three out of four bearish waves of this Channel Up hit the MA50 (1d) before reversing.
With the price rejected now on the MA50 (1h), this is still a sell opportunity.

Trading Plan:
1. Sell on the current market price.

Targets:
1. 43000.

Tips:
1. The RSI (1h) is also declining. Once it turns sideways, it will be the signal to reverse to buying.

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