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DaddySawbucks

DJI setup for failure?

Short
E-mini Dow Jones ($5) Futures (CBOT_MINI:YM1!)  
DaddySawbucks Updated   
CBOT_MINI:YM1!   E-mini Dow Jones ($5) Futures
Technical Indicators 200ma 50ma
5
9
indicator 200ma 50ma
So far above the 200 MDA... 50MDA will serve as first support IMO. When the waterfall cascades, 200MDA should hold.
Comment:
Was expecting double top but persistent weakness seems to resist advance above this range; in SDOW.
Trade active:
It begins... in SDOW
Trade closed manually:
Closed all as it might bounce, bear action weaker on Weds
Comment:
Hmm futurz trading down to 20MDA, break below --> Bear
Comment:
IMO a bigger bear move is coming, test the 50DMA. See more recent posts!

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