August 8th printed an outside reversal. Tensions heating up with N. Korea and possible military event this weekend 11/12th. Shorting DOW by using SDOW with a stop above the DOW's highs of August 8th.
Comment:
Nice reversal in price action today. Keeping it simple shows lower highs and possibly some lower lows coming soon :) Lets see how we close. Looking to hold this short into September
Comment:
New lows
Comment:
Closed on low of the day. That's encouraging for the short :)
Comment:
A close below 21665.29 today will be bearish
Weekly we need to break 212279 into September
A close below 21665.29 today will be bearish
Weekly we need to break 212279 into September
Comment:
Some areas of support and resistance to watch
Comment:
heading lower...
Trade well!