The DOW could not push to new all time highs before some serious selling pressure stopped the music. The move down has some buyers concerned that we are about to take a beating but the trend up is still is tact. A move down through 27400 will change the tone dramatically and trigger another selloff but time will tell if new highs are still on the cards in the near term.

-------------------------------------------------------------

WE TRADE WHAT WE TEACH

Check out our recent Live Streams from our profile page!!

-------------------------------------------------------------

** If you enjoy our free content, please support and follow our profile, by hitting the Follow button to get further high quality ideas. **

** If you are following our ideas any comments and likes are most welcome and will be greatly appreciated **

** With quality alerts and correct Risk Management, you can learn consistency and grow your account **

** With quality portfolio management and defined risk levels to help your account grow and achieve steady profit targets while increasing your trading edge. **
Beyond Technical AnalysisDOWdowjonesentrysignalsindexSupply and DemandtradesetupTrend Analysis

Related publications

Disclaimer