Sell the dow extreme divergence on the daily

Big divergence here on the MACDH on the dow daily in a rising flag, its a good time to attempt a short down to the lower flag line around 29500-29600. Stop at the high of today around 30300. If that goes and sustains we can expect a big move upwards as well

Comment:

Market is having difficulty selling off, if it doesn't happen soon I would expect a big pop to the upside with the usual Santa rally effect

Trade active:

So we finally saw the big sell off which came with a little patience. We had an opportunity to take profits at the major support around 29400, with some more short selling again near 30200 on the rebound

Trade closed: target reached:

Profits taken, now reversed long