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Anbat
Sep 30, 2016 11:29 PM

RED TREND LINE BREAK Short

Dow Jones Industrial Average IndexDJ

Description

Note what happened late June 2016, around a 1000.00 price action in 2 days. Right now, EMA 20 & EMA 50 are right on top of each other, which in my opinion means a transition to the bear side. I believe that once major SUPPORT area of 18000.00 is broken a FREE FALL will happen to at least to 17400.00 area, which is another support area.

Price Action is always number one and money management is key to continued trading and success!!
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