I've spotted some possible weakness on the Dow.
Price has formed a double top on the daily charts and a bearish outside bar has formed at the top of the Bollinger bands.
I think we could see some short term weakness towards 26000 where price will meet resistance. The weekly is also looking bearish which could push price down to 23-24k depending on short term fundamentals.
Price has formed a double top on the daily charts and a bearish outside bar has formed at the top of the Bollinger bands.
I think we could see some short term weakness towards 26000 where price will meet resistance. The weekly is also looking bearish which could push price down to 23-24k depending on short term fundamentals.
Trade chiuso: obiettivo raggiunto:
Closed out at 26000 for profit.