beyond50

US30: Setup to Go Down to Lost City of Atlantis

Short
EIGHTCAP:US30   Dow Jones Industrial Average Index

Timeframe: Daily
Market Bias: Bearish Market Bias

A Confluence of Signs Showing That Price Action
Will Go Down:


1. We're in Bearish Market Bias;

2. A questionable looking Double Top formed
with two Spinning Tops;

3. Bearish Pressure Zone formed from the higher wicks of a succession of three candles;

4. And, two Outside Day patterns showed up that warns of volatility swings ahead with
retracements.

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