Dow Jones Pullback Trade Idea Short
Dow Jones is still in a pullback in this downtrend. I am still bearish on Dow Jones until it hits its measured move.
I am looking for my strike zone inside of the circle.
Market target is 40,625 or the golden line. September 11th is suspended just above this level.
I am looking for my strike zone inside of the circle.
Market target is 40,625 or the golden line. September 11th is suspended just above this level.
Note
In order for the bullish move higher, it needs fuel from the down trend first.
Note
Notated in circles is every gap that has yet to be filled. This most recent spike up to the high with CPI has created three gaps in and of itself.
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