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Dow Crash Pending? Here's The Technical Case

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Hey Traders,

Within US markets the same theme really is occurring.

Up moves in fast succession. Ignoring Technical factors/bias is unwise if you are looking for concrete evidence in your trading decision(s).

Fundamental Analysis rules markets in direction, but viewing candles tells you a lot aswell.

This clears it up.
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Re shorting 36K
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Maintaining bias, eyes on CPI
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Further important news today. Keep eyes peeled.
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Maintaining short bias PRE Mich sentiment.
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For a similar outlook, see my last post:

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Similar Bias to S&P currently. Awaiting news.
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Short back at highs.
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Light longs alike S&P are OK for Monday.
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Likely bounces will occur and tip toe fall down. This is due to former support levels.
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Down comes the DOW further. Use the above^
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Light longs.
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Holding off further entries until post nfp.
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Any shorts, exit. Flip lightly long.
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Exit all shorts. Looking lightly long in line with other US indexes.
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Exit all longs ^ looking short alike other Indexes longer term.
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Maintaining Re short bias.

Penafian

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