US30 - Buying the bottom of the 100 weeks channel

FX:US30   Dow Jones Industrial Average Index
50 2 1
Title is self describing

Entry 16768
Stop 16600 or a close below 100 weeks channel (Below 16
Target 1: 17550
Target 2:17750
That was fast... Stopped out at 16600, for a 1% loss.
We'll see what happen next week...
Technical damage have been done, time to switch to sell the rallies, instead of buying the dips now.
Weekly chart for a wider view and better understanding of the setup

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