happykxu74

Head and Shoulders formed in DJI

Short
TVC:DJI   Dow Jones Industrial Average Index
Head and Shoulders pattern created in DJI & DIA charts on September 17th. Downward baseline/trendline formed between the 17th and the 30th of July. Idea is that the market drop from the Head and Shoulders pattern must break down through this trend line (minimum drop level) before a bottom forms from this play. Short Call.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.