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thesilverbullet

Current trading strategy for US equities..

Short
Dow Jones Industrial Average Index (DJ:DJI)  
thesilverbullet Updated   
DJ:DJI   Dow Jones Industrial Average Index
Trend Analysis Chart Patterns
2
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trendanalysis chartpattern
This looks very nice and orderly now. We should bounce from this area, maybe testing a bit lower but not all the way to the bottom of yellow fib. Then we come up for a perfect looking H&S :).
Comment:
ad not looked at this chart in awhile... Everything is playing out as I thought. The head and shoulders pattern is shaping up and if we break the neck line at 24200 the target will be 22600.
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