DOW SHORT
Updated
More accurate represenation of the dow idea with the index chart rather than the stock chart published previously. Short 24729 region , prelim target 23909. Trail with DA stop Price is gaining downward momentum towards sell region.
Comment
price is retracing its upward spike as expected.Comment
price accelerated downward in early trading this morning current running profits from entry arx 20% up on account value.Comment
price faded the upward spike to knock positions, continuing downside momentum aprx 23.5% up on account value.Comment
3 hours on the account value up 33%Comment
retraced of lows, will see what happens in coming hours, account value still up over 25%; still anticipating further downside pressure.Comment
equities up in early trading, likely reversal zone 24553 aprx. If it rips up will tend to fade it but we will see what happens after GDP.Comment
GDP 2.2 vs 2.3 forecast, catalyzing downside momentum; hopefully is sustained by people fading the rally.Comment
upside spike seems to be fading nicely high aprx 24544 within the 24553 level stated 2 hours ago.Comment
forgot to update yesterday, the price went up to around entry level, was a great opportunity to enter another put order, on this occasion did not though. Original trade still on, trailed with the 4CHB dynamic (my dynamic) and is up approx 15% with the drop today; so far. Stop now on Wednesdays high per system stipulation. Will update asap.Comment
Spiked up for short cover, AC value up 14.3%.Comment
AC value up 17.8% since MondayComment
Canada announces retaliatory tariffs, ACV =+19.4%Comment
Friday likely to post a high from current price aprx 24578 level. Then imo a follow-through short push Monday > Tuesday.Disclaimer
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