Dow short
Updated
We are at the all time top, but if we look a the price action it self its a weak top indeed. the bulls did try to push higher but they were met with a strong bear reaction.
the econamy itself isnt booming right now, and the chart is clearly showing the need for a pullback.
Highlited rejaction candle gave us the last sign to pull the trigger.
the econamy itself isnt booming right now, and the chart is clearly showing the need for a pullback.
Highlited rejaction candle gave us the last sign to pull the trigger.
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We will be doing day by day analysis, and keep you posted
Curent m5 chart and rational behind the entry itself
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Todays setup
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We are just hanging on. Nothing to do but wait and see.
Happy weekend
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Trailing our day trade setup
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