Long @ break of short-term downtrend Target top of range Support 1. Long-term trend line 2. Mid-term horizontal range
The Dow is breaking down as shown by the fan and double top. Price is testing resistance following a short-term correction. Short if resistance is confirmed. A significant downside potential exists mid- to long-term as price drops towards the next trend line.
Major double top completed. Short if resistance confirmed at double top base. Targets 95 and 80.
Entry: Short on break of correction trend line. Context: Short-term bear channel within long-term symmetrical triangle. Ongoing drop towards triangle support.