Another chance to re-sell Dow Futures Intra-day
The market has bounced circa 300 points from the main session lows. This represents another opportunity to establish short positions.
With the end of a torrid week in sight, I would expect to see long liquidation into todays close. The threat of a continuation of Covid-19 re-mergance as we have seen in Florida should be enough to make longs cash out ahead of the 2 day break.
I feel that the market has a great chance of closing negative today, That could mean a break of the 100 day Moving average which proved good support on last nights close. A failure to hold that level could see the market move materially lower. would run a a stop through 25650 with a view to exiting position on market close this evening.
Happy hunting
With the end of a torrid week in sight, I would expect to see long liquidation into todays close. The threat of a continuation of Covid-19 re-mergance as we have seen in Florida should be enough to make longs cash out ahead of the 2 day break.
I feel that the market has a great chance of closing negative today, That could mean a break of the 100 day Moving average which proved good support on last nights close. A failure to hold that level could see the market move materially lower. would run a a stop through 25650 with a view to exiting position on market close this evening.
Happy hunting
Trade fermée manuellement
Position closed ant 25021.310 point profit.
Looking for a chance to trade into the last hour of play
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.