This short-term analysis of the Dow Jones Index-market shows a correction seems highly likely. This means a short term selling opportunity and see how it fits within the recent long term analysis: "Dow Jones Industrial Index Rising Wedge 2022-scenario".
Trade closed: target reached
Close: first target at 25.300 reached!Trade active
Next week I'll update on the 2nd wave of this short opprotunity. Now expecting the DJI to stabilize at current price level and move back to 26.8k at max. Short at that range, close between 25.3 and 23.3.Trade closed manually
I will be longing soon enough.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.