DLavrov

DJ30 Divergence or Double Top

Short
DLavrov Updated   
FX:US30   Dow Jones Industrial Average Index
NASDAQ and S&P500 gave reversal signals from their resistance levels. The same goes about DJ30. We have double top or bearish divergence as you wish. Any way it's a reversal signal with confirmation from RSI and MACD. DMI allows open a short trade. Entry level is below 18530, a stop order must be placed above 18590 and target near MA100. If price returns above MA50, probably we'll have a new buy signal.
Trade closed: stop reached

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