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NeverNO
Sep 19, 2018 8:53 PM

Dow Jones 

US Wall St 30OANDA

Description

only if i see two consecutive week candles over the ATH, then i switch to bullish ... until it is so far i stay bearish.

Comment

wait in M5 till he touch again the blue line, than short

Comment

the blue line touched...
now i'm short
SL only 5 p
the red lines are TP

Comment

trade out (-5p)
26663 reached
first short to be hold
and if a bit higher second entry 668

Comment

DJ, here at TV and my broker has different prices ... for me it is not over the ATH (yellow line)
now i expect about 8p under the ATH to stop
free-picload.com/uploads/2018/09/i133988bshdcu.png

Comment

2 hours later... 26691 reached... still under ATH
break and close under 26636 (hourly basis) means: that's it for september...
free-picload.com/uploads/2018/09/i134063bykrj2.png

Comment

next week = new high (a few p under 27K
next month = red
next year = february ATH - some points more than 28100
next decade = magnetic attraction of the south

at the moment that's my view....
Comments
NeverNO
the blue line touched...
now i'm short
SL only 5 p
the red lines are TP
CAS_Trading
@NeverNO, Trend is your friend) especially when new highs are being made!
NeverNO
@AlexandrCikalchin,
yes, i know this phrase, only we all know nothing lasts forever.
even if DJ makes new highs, his days are numbered ... sooner or later there will be a big correction ...

first target 24367 (if not this year, then next pretty sure!)

if it does not bother you, make a note of this price (24367 as a first good TP level), because it will become true and still several thousands of lower courses will follow.
CAS_Trading
totally agree with you!
but still thing there are opportunities to go long for short term traders
Check it out:
NeverNO
@AlexandrCikalchin,
yes, that's how it is.
let's see how this week closes...
should it be necessary next week i will make a long-term bullish count (as an alternative).
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