Ultimate_Trading_System

DowJones: About to break on the falling side

Short
DJ:DJI   Dow Jones Industrial Average Index
Although the month is still to finish, a rejection at the EMA in the monthly chart is an indication of the completion of the retracement.
In the daily chart, Dow has exhausted a gap with a falling gap and has tested it.
Prices are going to fall further.
Comment:
Trade closed manually:
Waiting for a better setup again! Will post again! Did not realise I had to close positions here too :P

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.