The US30 Dow Jones index has exhibited a robust bullish trend recently. However, we now observe that the index is approaching a significant resistance level on both the weekly and daily charts.
Moreover, the market appears to be overextended. When a market becomes overextended, there’s a possibility of a reversal. Traders closely monitor signs of exhaustion or weakness.
Given these factors, we are considering a short opportunity. It’s essential to manage risk diligently, as trading always carries inherent risks. Remember that this information is for educational purposes only and should not be construed as financial advice. 📈👍
Moreover, the market appears to be overextended. When a market becomes overextended, there’s a possibility of a reversal. Traders closely monitor signs of exhaustion or weakness.
Given these factors, we are considering a short opportunity. It’s essential to manage risk diligently, as trading always carries inherent risks. Remember that this information is for educational purposes only and should not be construed as financial advice. 📈👍
Note
Our SL was a little tight 
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🚀 Winning Scalping Strategy To Beat Market Chaos: ✅ 🚀
👀 🔗 youtu.be/4aI23mzOLJE
🚀 Trade Signals For Your PROP FIRM CHALLENGE: 🔥💰
👀 🔗 youtu.be/QKaWuDMPAPc
👉Join Our Free DISCORD:
🔗 discord.com/invite/PcBeCdwVQq
👀 🔗 youtu.be/4aI23mzOLJE
🚀 Trade Signals For Your PROP FIRM CHALLENGE: 🔥💰
👀 🔗 youtu.be/QKaWuDMPAPc
👉Join Our Free DISCORD:
🔗 discord.com/invite/PcBeCdwVQq
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.