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R90502663
Oct 11, 2018 4:21 PM

Dow Jones Double Top? Short

Dow Jones Industrial Average IndexDJ

Description

Double top on the dow. medium/strong bear divergence on the EFI and RSI & weak bear div. on the OBV. Buy volume low compared to recent months. Need to see how this sell candle forms at the end of the month cycle. Rsi crossed back below 70. Targets: 25k/23.5k/21k/18.5k (ish). China's economy is weaking alot more than expected due to tariffs. Stock buybacks and hurting consumer pockets. The storm is brewing. Just need the catalyst.
Comments
R90502663
Right now currently watching this 25k support. Buy volume isn't swooping in yet.
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