Dow Futures Close to Confirming" Bull Trap" Reversal
I have suggested that you focus your attention
on the DOW INDUSTRIALS, because the Pattern
in place is much easier read and therefore understand
it's significance.
On 12/3,/18 i also suggested that you watch YMZ Dec.18
Dow Futures 25810, as a Break below that level would be the
first significant hint that a Downside Reversal was brewing.
It certainly did not take long for that idea to pan out.
Overnight trading in DOW FUTURES on 12/4/18,
shows not only a break of that trigger point 25810,
but also a break below the 12/3/18 LOW of 25685.
Bottom Line:
A Close Below YMZ 25685, on 12/4/18,
would CONFIRM a BULL TRAP REVERSAL in DOW FUTURES,
and could also at the same time also confirm
a BULL TRAP REVERSAL in the DOW INDUSTRIALS,
on a CLOSE BELOW DJI 25670.
DOW FUTURES YMZ Last 25692 -154
THE_UNWIND
12/4/18 520 AM
NEW YORK
on the DOW INDUSTRIALS, because the Pattern
in place is much easier read and therefore understand
it's significance.
On 12/3,/18 i also suggested that you watch YMZ Dec.18
Dow Futures 25810, as a Break below that level would be the
first significant hint that a Downside Reversal was brewing.
It certainly did not take long for that idea to pan out.
Overnight trading in DOW FUTURES on 12/4/18,
shows not only a break of that trigger point 25810,
but also a break below the 12/3/18 LOW of 25685.
Bottom Line:
A Close Below YMZ 25685, on 12/4/18,
would CONFIRM a BULL TRAP REVERSAL in DOW FUTURES,
and could also at the same time also confirm
a BULL TRAP REVERSAL in the DOW INDUSTRIALS,
on a CLOSE BELOW DJI 25670.
DOW FUTURES YMZ Last 25692 -154
THE_UNWIND
12/4/18 520 AM
NEW YORK