DaddySawbucks

RISING WEDGE BREAKDOWN IN DOW COMPLETED NEXT WAVE UP INCOMING

Long
DJ:DJI   Dow Jones Industrial Average Index
DOW BROKE THE WEDGE DOWN AND HAS RETRACED 50% OF WEDGE HEIGHT, REACHED TARGET 24463 ON 062118. NEAR OR AT REVERSAL PIVOT POINT NOW;

SHARP REACTION UP SHOULD CARRY INDEX TO RETEST WEDGE BASE RESISTANCE. ENTER SHORTS AND BUY INDEX PUTS WHEN TARGET REACHED ~24975

NEVER BET IT ALL ON ONE DAY - FEED IT IN OVER SEVERAL SESSIONS NEAR THE TOP - WATCH THE CURVE FOR TOPPING
Trade active:
Green candle on Friday. Late last-minute panic selling trimmed 60 pts off index look for the buying to continue Monday AM. Reaction up wave might last for 6-9 sessions.
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