Timonrosso

UPDATE: Dow hit target 1 - heading to target 2 at 32622

Short
DJ:DJI   Dow Jones Industrial Average Index
The dow broke below the Symmetrical Triangle and it was beautiful text book style.

We set the first target at the bottom of the pattern at 33,607.

Now that the momentum is still negative, we can expect it to head to the next target at 32,622.

The signs are all bearish and this is one of those hold and adjust stop loss if need be.

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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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