Fractal777
Short

Breakout Turns to Breakdown!

CURRENCYCOM:US30   Dow Jones Industrial Average Index
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13
Thank you for taking the time to read my idea, your support is appreciated.

Smash and grab trades are not for the faint hearted.
Going long on a signal proved risky.

The Nasdaq is the bellwether of things to come now.
Finally, today saw a shift in mood for the big boys.
We need follow through for this down move today...it will come.

There is now an extreme setup for a plunge.
Although today was a warning to the bulls.
Any close below the red trend line is a clear signal to exit their positions.

A herd has built up in the Nasdaq and led the markets ever higher.
Will this herd turn to a stampede for the door?

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