Bounce up to 28,500 on Dow Starting to Look More Likely
I am closing my most recent sells on the Dow with a small profit and taking a short term buy position on it.
It's starting to look like a double bottom is forming, and we'll probably see this up a couple percent before there is strong selling.
It's starting to look like a double bottom is forming, and we'll probably see this up a couple percent before there is strong selling.
Comment:
Adding to this trade.
Comment:
Dow looks like it will drop again. Very weak. All the pullbacks in the sell move being sold hard.
Selling 26,700 and target 27,200.
Still waiting on a bounce before getting too heavy into selling, but I do not think we've bottomed out this swing yet.
Selling 26,700 and target 27,200.
Still waiting on a bounce before getting too heavy into selling, but I do not think we've bottomed out this swing yet.
Comment:
Taking my profits 26,230. Buying here for a bounce.
Comment:
Dow is bouncing like a brick! We may finally be at the low in this now 24,750. Really strong sell coming, but we need to see a spike upwards to set it up.