DDS Short Setup Double Top failure

A simple risk-reward short setup in DDS. Despite very strong retail sales data, the trajectory is unsustainable.
With higher rates on the way, the market is spanking retailers as more money will go to service credit card debt
rather than consumption.

I have had DDS on my short radar for a while now beside the euphoric one more push higher nothing has changed
for me fundamentally. I still see it going lower.

Wait for the trigger

הערה:

Bearish flag forming that will likely trigger the trade.

הערה:

DDS short is about to trigger breaking down from bear flag

הערה:

Short has now triggered as expected.

הערה:

Excellent move lower as expected

הערה:

DDS new lows

הערה:

KABOOM! As expected. New lows.

הערה:

DDS Breaks $300 as expected.

Another great call!

הערה:

Bear flag in the making

הערה:

Retail sales came in weak as DDS has been signaling for a while now.

הערה:

Getting ready for the next leg down

הערה:

New lows!

הערה:

Retail sales growth came in weak again. But we knew that from DDS so,...

הערה:

had to wait for it to fully form before posting. Another bearish structure another CRACK! As expected.

הערה:

New lows