AdvancedPlays

Market Crash - Dow Weakness and Ascending Wedge

Short
CBOT_MINI:YM1!   Futures E-MINI DOW JONES ($5)
Here with yet another ascending wedge. The dow recently went on a huge run, I believe 8 green days in a row or something close to that. It topped out near ATH and nearly retested it's ascending channel before becoming extremely weak. It has now breached several support levels and has failed on retests while forming an ascending wedge and closing below on Friday. I expect a gap down on Monday and further downside throughout the week.

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