TradeCobra

DJI Showing Me The Money. Tipping Point?

TVC:DJI   Dow Jones Industrial Average Index
Day 3 of holding a big boy short on the dow and everything is going as planned.

Ema dots, custom rsi , custom candles all red shifting trend.

If this is wave 5 I think we should be in for a good size selloff.

This is a daily chart . Would love to see this close red.

How are your trades going?
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Comments

Shorting a government controlled market.
+1 Reply
TradeCobra aconcept
@aconcept, 👍
Reply
3 min n 5 min
Bt I keep eye for support n resistance line
Mainly 5 min bt I think market is due for a pull back
+1 Reply
Since Congress n senate didnt pass new spending
So spy can tank under 320 bt then keep ur eye on chart
Let see what chart tell us
+1 Reply
@alan12 I been short since 26,451
Reply
Market might bounce here
So let see what happen
Msft at support
I am out of msft short
Sold another 25 spy put that I bought at .22
Keeping 25 contract let see what happen
+1 Reply
@alan12, what timeframe you trading? Scalping?
Reply
I got 323 spy put for .22 cent at opening
Love it
Not its 1.25
Got my self 100 contract
Sold half
Keeping 50 let see what happen
+1 Reply
@alan12, nice 1
Reply
I was keeping eye MSFT for 3 days now
Msft macd is also in down trend
+1 Reply
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