Double down on the US Indicies
We recently posted an idea on the DOW to go short and we have another idea from our app to go short on the Russel. Is this a coincidence or are these valid signs that the US indices are low on buying power? What are your thoughts? Please post your thoughts in the comments below.
SHORT - US2000USD
SL: 1647.196 (Suggested by our algorithmic system)
TP: 1592.164 (Suggested by our algorithmic system)
Reasons behind this idea:
1. MACD signals crossed over bearish
2. Minor RSI bearish divergence
3. Correlation of the DOW short idea by our app
---------- Chart Drawings ----------
Blue Dotted Line: Broken Support Trendline
Red Dotted Line: Broken Resistance Trendline
Blue Solid Line: Support Trendline
Red Solid Line: Resistance Trendline
Blue Rectangle Box: Support Level
Red Rectangle Box: Resistance Level
Blue Arrow Line: Bullish Divergence
Red Arrow Line: Bearish Divergence
Purple Vertical Line: Suggested Stoploss by our algorithmic system
Green Vertical Line: Suggested Stoploss by our algorithmic system
Trade idea from our mobile app: ibb.co/C8ZtzHX (Timestamp is in Australian Sydney Time UTC+7)
Please trade responsibly and good luck!
SHORT - US2000USD
SL: 1647.196 (Suggested by our algorithmic system)
TP: 1592.164 (Suggested by our algorithmic system)
Reasons behind this idea:
1. MACD signals crossed over bearish
2. Minor RSI bearish divergence
3. Correlation of the DOW short idea by our app
---------- Chart Drawings ----------
Blue Dotted Line: Broken Support Trendline
Red Dotted Line: Broken Resistance Trendline
Blue Solid Line: Support Trendline
Red Solid Line: Resistance Trendline
Blue Rectangle Box: Support Level
Red Rectangle Box: Resistance Level
Blue Arrow Line: Bullish Divergence
Red Arrow Line: Bearish Divergence
Purple Vertical Line: Suggested Stoploss by our algorithmic system
Green Vertical Line: Suggested Stoploss by our algorithmic system
Trade idea from our mobile app: ibb.co/C8ZtzHX (Timestamp is in Australian Sydney Time UTC+7)
Please trade responsibly and good luck!
Trade closed: target reached
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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.
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.