TradewithLu

Fantastic Opportunity to make A LOT OF CASH HERE

Short
FOREXCOM:US30   Dow Jones Industrial Average Index
I will be re-entering my short position here by buying a put option in the money just before the market closes today (Friday 6th of July). On a Daily chart, today's candle is forming a bearish hammer and there is also RSI bearish divergence on the daily time frame. These facts indicate that this triple top is not going to be broken and the trend will most likely reverse now and head downwards.

Disclaimer - This is not financial advice and I am not responsible for your actions after reading this Technical Analysis. This is intended for entertainment and educational purposes only.

Disclaimer

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