A Bearish Move Imminent for the Dow Jones?
Updated
My Plan for Tuesday Morning (1/7):
I’m targeting a potential 700+ tick trade. The 400 tick dump back to morning open structure was an eye opener, and with high-impact news scheduled for 9 AM, I’m anticipating it will drive the market further down toward its respected price 42,511. Let’s see how it plays out!
After chatting with Dow_Jones_Maestro I’ve realized that my strong bullish idea is likely off the mark, which means the selling pressure might not be over yet. Be sure to check out his most recent idea—it’s packed with valuable insights:
I’m targeting a potential 700+ tick trade. The 400 tick dump back to morning open structure was an eye opener, and with high-impact news scheduled for 9 AM, I’m anticipating it will drive the market further down toward its respected price 42,511. Let’s see how it plays out!
After chatting with Dow_Jones_Maestro I’ve realized that my strong bullish idea is likely off the mark, which means the selling pressure might not be over yet. Be sure to check out his most recent idea—it’s packed with valuable insights:
Trade closed: target reached
I closed this trade at 276 ticks since the 5 minute showed me some incoming bullish action. Lets goooooo!
Note
The bearish move completed. ⚡
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