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happykxu74
Sep 18, 2020 5:27 PM

Head and Shoulders formed in DJI Short

Dow Jones Industrial Average IndexTVC

Description

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.
Comments
InkyGrip
Great analysis! We have the same view here, also check my ideas if you like! Thumbsup
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