Hello Traders,
After a massive retrace we had today on the Dow, I believe price is preparing for a bigger move to the upside. We have 6 confirmations for this trade. I'm looking to take an entry at 27920. Feel free to leave a limit order at this price point. If this trade is successful, we will create a new high on the Dow Jones. The RSI will also be oversold by the time price reaches entry
After a massive retrace we had today on the Dow, I believe price is preparing for a bigger move to the upside. We have 6 confirmations for this trade. I'm looking to take an entry at 27920. Feel free to leave a limit order at this price point. If this trade is successful, we will create a new high on the Dow Jones. The RSI will also be oversold by the time price reaches entry
