Dow...Dow...Down

9 באוג׳ 2017

August 8th printed an outside reversal. Tensions heating up with N. Korea and possible military event this weekend 11/12th. Shorting DOW by using SDOW with a stop above the DOW's highs of August 8th.

10 באוג׳ 2017

הערה

A nice gap down today. Weakness for sure. We just need a daily close below the upper lines. The lower line marks some weekly closing resistance, but I do expect a sell off into September. RSI pointing lower as well as some confirmation amongst other indicators that I don't have showing on this chart.

Trade well!

16 באוג׳ 2017

הערה

Nice reversal in price action today. Keeping it simple shows lower highs and possibly some lower lows coming soon :) Lets see how we close. Looking to hold this short into September

17 באוג׳ 2017

הערה

New lows

17 באוג׳ 2017

הערה

Closed on low of the day. That's encouraging for the short :)

18 באוג׳ 2017

הערה

A close below 21665.29 today will be bearish

Weekly we need to break 212279 into September

21 באוג׳ 2017

הערה

Some areas of support and resistance to watch

21 באוג׳ 2017

הערה

heading lower...