Dow Jones Stock Index (Nov 2018) *Empire Strikes Back

This will be my views of Dow Jones (Nov 2018)
Please make sure to read the "update" comment as there will be changes along the way.


Cheers.

S0nic

Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
We, Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Comment:

Updated info Dow Jones On 3 Nov 2018

In trading, anything and everything can happen!

There are 3 potential scenarios that I can think off.

1. (UP) The price is to advance upward till it reach 26,100 level.

2. (UP) It can retrace down a little bit, but it didn't go lower than 24,200 region, then it shall advance toward 26,100 eventually.

3. (DOWN) It goes down from here and poke through lower than the level of 24,350 and drop further.


I will put my bias on the scenarios 2 and I will look for and stay with the LONG-side for the time being and the ulimate target should be 26,100 regions.

Trade Safe.

Comment:

Updated on DOw Jones (10 Nov 2018)

Our Dow Jones Long bias Set up has hit the TP level.
Decent +700 pts move.
Congrats to those who followed!

Comment:

Updated info Dow Jones On (13 Nov 2018)


Did you read the potential 3 scenarios previously shared?

Scenario 2 is coming true as expected.
We are seeing signs of a potential bullishness. BUT do not jump all in for now.
At least let the D1 candle to turn bullish first.

If things go in as planned, 24,150 will be a good TP area again.

DYODD, all the best and read the disclaimer too.