2010: SABIC (Dow Theory)

Classical Dow theory in picture
AB=CD pattern in formation
Wait for breakout of B which will be new HH

Short Trade Setup
1- Entry at Current Price 94.6 or 94.2
tight SL 93.4
TP 96.8



Long Trade Setup
2- New Entry 98.2 (on green candle closing)
TP 101.2
SL 97.2 (or previous candle bottom)