Short
DOW - THE TREND IS YOUNG AND INVITING SHORT
It was long overdue, bulls refused to let the guard. They swallowed more than they can chew. In those instances, one always vomits. This is no different. It gives birth to another trend, that is now a bear. Don't hesitate, sell here and 29800 stops 29950 (if one can afford round figure 30000 better). First target 29150 then 28850 (if this one goes; increasing probability then we stare at 26000); Stay Short Stay Calm.
Note
current rise is an opportunity not to miss. Stops to rise 30130-160 area. If already short one can average.
TA Primer ping me on +971507107155 +918106170817 details @sribhashyam65 twitter handle
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
TA Primer ping me on +971507107155 +918106170817 details @sribhashyam65 twitter handle
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.