DOW has found the bottom look like it can continue high if crosses the midpoint....
if not already in it from previous entry, I want a strong close above 61...
Nice entry today will be seeing it continue higher placed stop in red.....
The dow broke vital trendline that broke, now waiting to see if we can get more and more support and some stabilization. or we can see the panic continue and continue further downward..... fact we anything can happen so i am ready to rock it.
moving sideways and therefore can find some support with that buying pressure....
Looks so good looks like it going to be moving sideways gaining stronger buyers lets go...
Enter above my entry line, any time if goes above it, now waiting for ADX and momentum indicators and some resistance to break upward....
waiting to hit all 2 target if DOW increase, if NOT buy and bulls find some support along the blue lines and trend lines.
That candle can be use as some bullish sentiment, at best things reset, and then continue higher overall.
Will it bottom and the trendline act as support. can create a bottoming double.......
A good bear day can see a retracement down to lower support the bubble was broken is not confirmed as of the gap before the down day,,,, good time to set stops close and lock in profits.
Market is a bit over extended but a trend in motion is in motion no stopping this market until it show definite signals.