Dow Catch Up Long

SPDR Dow Jones Industrial Average ETFArca

Description

⋅ Jun 7, 2018 10:10 PM

I like this short term AB=CD pattern to 257.85 which also happens to be the February high mark. Small Caps broke their highs last couple of weeks, then the tech sector joined, looking for Dow to be in catch up mode.

position: short dated ITM call options in DIA

AB=CD Support and Resistance