My overall medium - long term bias is still short on dow jones but after this mornings price data I do see a potential short lived bull run in which could present me with a better price for some shorts down into the targets I mentioned yesterday.. My 1st target (32500) was hit last night but I was asleep and didn't get to exit my positions and aloud price to come back and take me out for a loss unfortunately.
So with that being said, my assumption is we will see price move up into 32900 area today and should that happen I will wait and see if there's a clear rejection within that POI and if achieved I will start looking to enter a short or two back down into my targets > 32500 > 32000.
So with that being said, my assumption is we will see price move up into 32900 area today and should that happen I will wait and see if there's a clear rejection within that POI and if achieved I will start looking to enter a short or two back down into my targets > 32500 > 32000.
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