DJIA short - after a pullback on a sweet spot.

28 Haz 2020

Friday broke last local low on the Daily, so I expect further move in the corrective short trend. I'd wait for a correction to a sweet spot because an important target area was reached with a steep move, so shorting now has a low risk/reward ratio.

I'd wait for the pullback and go short on the lower time frame when momentum changes in the red.

What do you think?

1 Tem 2020

Emir iptal

Countertrend on the pullback never broke.