jangseohee
Short

DOWT, Ouch it's brutal

INDEX:DOWT   DOW Transportations
228 1 2
Based on my post on 28 Nov, i highly suspected that Bears own it and we have another "Shooting star" five days later.
Last night was suppose to be a bullish for only first half of the trading day, and again price rejection by both 8&20ema means more downside to come unless the neckline gets broken again.
Price just 1mm away below the neckline, its a brutal, the bull's head & shoulder were chop off.
If 50ema too fails to provide support, i see you around 8694 then.
jangseohee
2 years ago
the shooting star still hold todate
snapshot
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