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DaddySawbucks
Oct 25, 2018 3:14 PM

US 30 possible short entry on retracement Short

Dow Jones Industrial Average IndexDJ

Description

If rally fail to break the descending TL here look for rejection around 24920 - 24980. Could go off really hard if no breakout. Just an idea. Let's see...

This is not investment advice. Trade at your own risk- GL!

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Looks like an H&S intraday near this pivot. Trend is bear.

Trade active

Nas reached .62 Fibo Dow got 0.5 Fibo Sand P a bit less, near pivot?

Trade closed: stop reached

It might turn again but for today it's stopped out. Sorry!
Comments
DaddySawbucks
This turned out to be a good idea after all. Getting stopped out on bully reversals, twice past week. Now a beary reversal. Can't win for losing!
Sapphira
I agree. Was watching for a test of 25 000 but it doesn't look as though it will get there. But let's see. Happy trading:-)
DaddySawbucks
@Sapphira, Thanks for comment- GL!
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