Short
Dow - Down and Out ?
Dow failed to cross 30 K in the back drop of most optimistic news flow, a la contrarian indicator. The move below 29800 signals short term down move towards 29100. Break there would suggest deeper correction towards the 26800 area. Stay short here and 29750 stop 30150 part profit 29100 balance around 27500.
TA Primer ping me on +96895753093 +918106170817 details @sribhashyam65 twitter handle
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TA Primer ping me on +96895753093 +918106170817 details @sribhashyam65 twitter handle
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.