Bull and Bear
week26 Dowjones
23June2018 Dowjones
.
.
Dowjones has broken below 24,758 & 24,600....price action wise, it is bearish...and break below uptrend channel..... BUT, it is currently at previous consolidation zone.. which is 24,400 - 24,600... and also in conjunction of of previous LOW...
.
.
Long term:
sideway
.
Mid term:
slightly bullish
.
Long term:
bearish
.
.
.
.
strategy:
For shorts:
A) 24,600-24,758 is a good sell zone, SL if price close above 24,800
B) short if price break below 24,400
For Long:
A) Long with SL below 24,400
B) Long if price break&closed above 24,758
.
.
our view on Dowjones remain bearish...
.
.
MAy the trend be with you~
trade safe~!
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
