If price opens around 130 levels it should respect 14th May Trend and one can long around 130.2 for target 131.3...sl 129.5...if price already reached 132 in mrng it's a good zone to sell as it completes last night's uptrend and good to short at 132...ultimate target 128.4...if price starts at 131.2 wait to see if price it is a good to short zone as...
Open position Strategy
Gap down Long @ 146/148 , T1-152 , T2- 154
Gap up Short @ 164 more @ 161.3, T1-160, T2-157
Between Pivot & R1 Long @ 156, T1-159 T2-161.3
Between Pivot & R2 Short below 154.5, T1-152 T2-Nil (High risk of reversal)
Hi Every one,
So, it seems that the time has arrived for Mr. Dow Jones and other US Stock Markets.
I am preparing some material to share in the next days, with the whole stock cycle since 1914 if interested, since i am specialized in cycles.
I have indicated the measures expected at a 5D Chart. You may even see how Ichimoku Cloud is marking the landing point....