Drop followed followed by long.

180
Dow Jones is currently attempting to continue its bullish resurgence, but has failed to do so by failing to stabilise above 40,883. As long as price action is under the 40k mark, the points may likely retest the previous support barriers, situated between 39,500 and 38,750, as likely bullish catalysts for a long opportunity. However, by failing to go down, breaking, and stabilising above 40,883, the price may continue going up, targeting 42,600 and 42,000.
Trade attivo
The sell setup worked. Now, if price action remains above 37,800 and 36,700, the indice may try to reach the previously established highs. A break and settling below the 37,8 and 36,7 barriers, the bullish idea becomes nullified.
Trade chiuso: obiettivo raggiunto

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