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breakoutfakeout

Dow, go short. Hourly divergence

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US Wall St 30 (OANDA:US30USD)  
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OANDA:US30USD   US Wall St 30
Trend Analysis Chart Patterns Technical Indicators US30 DOW dowjones S&P 500 (SPX500) america nasdaq
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trendanalysis chartpattern indicator us30 dow dowjones spx500 america nasdaq
Here we now have a RSI and MACDH on the dow with a nice candle to show a potential reversal. This lines up now with the German DAX. Prices are quite overextended from a decent support box so we may see some profit thing / selling here. We have to be careful though with 5 min moving averages still not bearish and several rising trend lines.

If stops get taken out at 27428 we may see even more buying and a good opportunity to reverse and go long.
Dagangan ditutup: hentian tercapai:
Incredible strength again. Will we go up?
About me: I'm a retail day trader (trading since 1993). Most ideas here are for short time frames and become profitable quickly. I take profits fast as things change fast. 1-2-1 mentoring sessions available.




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