DariusAnucauskas
Short

DJIA - 240 - Could I get just a bit more selling, please.

TVC:DJI   Dow Jones Industrial Average Index
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I used to trade DJIA a lot in the past, but I have moved away from it, as it can be very tricky and quickly take you out. I like the idea of it LONG in long-run, but in the short-term, I would like to see a bit more selling, in order for it to become even more attractive for the bulls.

We are forming this wedge-type formation, which I think should be broken soon (unless the market thinks otherwise). Maybe it will continue ranging and narrowing over the next days, who knows. I suggest too keep an eye on it.

As always, keep an eye on the price action!
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