AW Dow Jones Analysis - Watch This for a Long Trade Setup...As a follow up to yesterdays in depth analysis of the bigger picture for the Dow Jones, there is also a long trade setup to speak of.
So far I can see no issue with the current setup and only expect higher prices from here.
It would appear that whilst most people are still quite bearish, the waves paint a different picture.
This contrarian view has the potential for a decent return with low risk.
Entry: 34,756
Stop Level: 32,569
Target: 66,000 (or less)
Watch the bigger picture video below in related ideas.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
