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MartinTFWong
Jan 11, 2019 4:11 AM

Pullback in Downtrend? Dow Jones Industrial Short

Dow Jones Industrial Average IndexDJ

Description

Weakness shown in the chart:

1. Distribution with Mark-Down Stage
2. Sell-Off with High Volume
3. Up-Thrust at Resistance
4. Upbar with Decreasing Volume (Lack of Buyers)

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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Comments
DaddySawbucks
Thanks for sharing, I also been waiting to see the exhaustion gap with pinbar or shooting star to mark a top, seems close now- thanks for a great post!
MartinTFWong
HI @DaddySawbucks, welcome and thanks for the sharing too
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