Shorting opportunity
The Index has broken the Rising wedge and although there is a light rebound, shorting opportunity is still present as the sub 5 waves are in motion, we will see another leg down upon reaching 50% of the (iii) wave of the C leg.
Trade closed manually
Close with small profit last Thursday. Apparently Dow Futures may continue to edge higher to 61.8% of wave A
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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.