EagleTrades
Short

Trade 5: Initiating a Pending Short on DOWI

DJ:DJI   DOW JONES INDUSTRIAL AVERAGE
625 3 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
Time to short?
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My pending short was triggered
+1 Reply
Very clear and illustrative, thank you
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