good target for miniDow in October. After updating the maximum we will stay in the trend during the accumulation phase, the active phase on the H4 is in full swing
same chart as posted before for an alternate view!
feels like the dipped was placed 14800, provides immediate support, IF 89DEMA holds and 21vwma beings its course higher currently at 15008, we have A clear path to at least 15200/300. For those that trade NADEX, I have a working order for 15325 swap call, bought these for $10 a piece, if 15200 is reached this should be priced around $30 that's a 3:1 return,...
Support line is very important. A break here could mean much lower to come. Watch for tonights close for further clues!
Just thinking a trend change and possible shorting areas
Looking to short again for the short term..but with elections on the door am very cautious..!!
This chart shows changes in dealer position LONG (L) / SHORT (S). Link where you can find this data. www.cftc.gov