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geraldelli
Apr 1, 2020 12:29 AM

Short Dow Futures (YM) on Resistance Rejection Short

E-mini Dow ($5) FuturesCBOT

Description

An opportunity to short the Dow has presented itself. Price couldn't break through resistance and is retreating. Setup is invalidated if price goes back up above resistance. We should see the lows from a couple weeks back retested and perhaps even broken.
Comments
Wyn-Trader
You' re right. And to confirm your idea, an Head and Shoulder pattern has been forming now (11h06 am)...
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