Dow Jones US Paper Index is likely to keep falling if price holds below 1st standard deviation from its quarterly (66 day) moving average.
However traders looking to short the index should be aware of pullback risks if price to hold above recent lows at 157.5. Best short positions are to be found closer to the 1st standard deviation, now standing at ~163.5.
However traders looking to short the index should be aware of pullback risks if price to hold above recent lows at 157.5. Best short positions are to be found closer to the 1st standard deviation, now standing at ~163.5.
