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Indice Industriale Dow Jones
Short

Dow...Dow...Down

Di psp
Aggiornato
August 8th printed an outside reversal. Tensions heating up with N. Korea and possible military event this weekend 11/12th. Shorting DOW by using SDOW with a stop above the DOW's highs of August 8th.
Nota
A nice gap down today. Weakness for sure. We just need a daily close below the upper lines. The lower line marks some weekly closing resistance, but I do expect a sell off into September. RSI pointing lower as well as some confirmation amongst other indicators that I don't have showing on this chart.

Trade well!
Nota
Nice reversal in price action today. Keeping it simple shows lower highs and possibly some lower lows coming soon :) Lets see how we close. Looking to hold this short into September
Nota
New lows
istantanea
Nota
Closed on low of the day. That's encouraging for the short :)

istantanea
Nota
istantanea

A close below 21665.29 today will be bearish

Weekly we need to break 212279 into September
Nota
Some areas of support and resistance to watch

istantanea
Nota
heading lower...

istantanea
Beyond Technical AnalysisChart PatternsdowjonesTechnical Indicatorskoreanorthshort
psp

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