DOW JONES, Forming H&S Pattern Under Resistance. $26,600 Target

Short

Indice Dow Jones Industriel Moyen (DJ:DJI)

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DJ:DJI Indice Dow Jones Industriel Moyen

The DOW hit both my overhead targets and retraced on time. I was hesitant to suggest a short but I think we have a very clear picture quite soon. We have a head and shoulders pattern forming under poor RSI and resistance. I think this could bring us to $26,600 +/- as a measured move. This is not trading advice.

Transaction en cours:

Looking good to go short still

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