If you are a follower of a DOW theory Like me, you will be bullish too. However Since this period is affected by Covid-19, I wont be so sure and it might be a reversal of Primary Trend.
Chart is a much self explanatory.
My idea is there could be quick trade with holding period of 1-4 days and buy sale price range would fall between 1390-1450. Above 1450, 1474 will be a strong resistance, and that could be your exit.
Any criticism is welcome.
Chart is a much self explanatory.
My idea is there could be quick trade with holding period of 1-4 days and buy sale price range would fall between 1390-1450. Above 1450, 1474 will be a strong resistance, and that could be your exit.
Any criticism is welcome.
