chrisatom

Still looking for lower low at yearly pivot

Short
DJ:DJI   Dow Jones Industrial Average Index
Below 24k gives the lower low, but triangle and pivots drawing price to 23150 by year end. This will also retest the lows from the beginning of the year. New year brings new pivots , however for the time being we are in full timeframe continuity to the downside. That's yearly, quarterly, monthly, weekly, daily and hourly all down. Don't try to catch the knife until we have a strong reversal pattern and rip back into the range.

Until we break 24086 we are still in an inside month and chop will destroy you.