#DJI Short Setup
I am short #DJI futures as the ascending trend market structure is about to break downward. $24000 is proving to be a strong resistance area and bulls are clearly running out of steam. Tight stop loss prevents getting wrecked from an unexpected bullish macro news release. R:R is fantastic 11:1, if stopped out I would potentially re-short higher after reassessing market structure.
Note
Stopped out with small loss. Not liking the strength it's shown. Might re-short higher.
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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.