chazd

Short the Stock Market (or at least sell now)

Short
DJ:DJI   Indice Dow Jones Industriel Moyen
The DJI has broken below the cloud for the first time in over 12 months. It also broke below the 50 day EMA, which had been providing support throughout 2017's bull run (yellow shaded ellipses). Watching for the completion of the two trend lines (red arrows), but slowing momentum, lower highs, and resistance on top (bearish tk cross, red cloud, price below the cloud) on top of increasing global economic uncertainty + yesterday's rate hike makes me think right now is a good time to exit.

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