EagleTrades

Trade 5: Initiating a Pending Short on DOWI

Short
DJ:DJI   Dow Jones Industrial Average Index
13
The DOW INDUSTRIAL could retrace higher as it looks oversold in the near term, could retest the 200 days simple moving average and the fibs. Technically, its the best zone to short it where it could be an area where price forms a lower high. See chart for explanation
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