MOVES Trading Weekly Outlook: Dow Jones: Short
A trade AGAINST the UP TREND.
The current DOWN MOVE on this pair has started since 3 days with no signs yet appearing for the next UP MOVE. Accordingly, we are bearish on this pair back to the prior bottom and will take any reasonable upside pullback to sell.
MOVES Trading is a new strategy benefiting from both UP & DOWN MOVES with the ability to determine TOPS and BOTTOMS for each MOVE depending on moving averages, trend and price action.
The current DOWN MOVE on this pair has started since 3 days with no signs yet appearing for the next UP MOVE. Accordingly, we are bearish on this pair back to the prior bottom and will take any reasonable upside pullback to sell.
MOVES Trading is a new strategy benefiting from both UP & DOWN MOVES with the ability to determine TOPS and BOTTOMS for each MOVE depending on moving averages, trend and price action.