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sfriismoeller
Nov 27, 2022 11:31 PM

Short dow  

US 30Capital.com

Description

THIS IS NOT A VALID SETUP ATM

It needs more confluence from the rest of the market e.g. caterpilar - that has been af driving factor for dow to push higher.

But its relevant to have an plan for both sides in the markets.

i will take this trade id momentum starts to rise eventhough im long the markets at lower prices

For me it would be a hedge at first

i would love to see markets go higher atm but everything can happen therefore I recognize this as a possible short setup.

Comment

The resistance was called 2 weeks in advance
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