racethehare

Called this 5k Reversal [Stop Hunt] don't be a bear... BREAKOUT!

Long
DJ:DJI   Dow Jones Industrial Average Index
Why do you want to short a full-on bull market? See related chart below titled "Ultimate Stock Fake-out " as this chart has not changed since the call from Dec 20, 2018!

Fundamental Analysis
  • 2019 is one of the biggest bull runs in the 1st quarter (you want to bet on it reversing?)
  • Jobs, Economy, No Collusion
  • No bullish market news in the media
  • Zero hype on possible break-out to NEW all-time HIGH

Technical Analysis
  • MACD and EMAs (lagging indicators) all pointing up
  • EMA 20 crossed the 40 pointing up on 3 Day
  • RSI has plenty of room after the stop hunt
  • Good and consistent volume
  • Very large inverse Head and Shoulders?
  • MOST IMPORTANTLY First time finding new support at 26150

-you're welcome
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