FibsNProfits

US30 shorts maybe on the horizon.......

Short
FibsNProfits Updated   
FX:US30   Dow Jones Industrial Average Index
A distribution is starting to take shape. Fundamentals and now the technicals are starting to come into alignment. A break below the previous structure leg that created the Up Thrust, would signal the confirmation of Phase C of the schematic and give support to shorts.
Trade active:
Well, we broke. Confirmed type 1 distribution.
Trade active:
Distribution has been confirmed. Now lets see if price can continue to the next area.

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