Trade ideas
Dow...As said in the attached study its all the way down from 34977 (Monthly bearish level..
We are ultimately heading to sub 33000 levels
Levels marked...
Enjoy
DOW JONES FUTURES CHART ANALYSISThis is just a brief idea of what could happen in the week. If any positive news from the FED, the markets could take a nice bullish reversal.
Don't carry any short positions just yet. Because shorting from here has very less risk-reward ratio. The harmonics work better when the RSI also concurs. The bullish ABCD pattern when the RSI indicating undervaluation.
Happy trading :)
This is just for educational purposes.
DJI Chart
22nd Sept is an important date for trend change.
If it break that level then massive selling.
If it sustain, we can see upward move.
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