DJI top incoming.
I am going to actually call the top here from the 28360 area.
Nota
Step 1: Sell signalNota
There is still some upside momentum build here. I have not opened any positions yet.Nota
The short level on the one hour chart held as there was not enough momentum on Friday to carry us through. It was a short holiday type trading day so maybe on Monday momentum will carry us higher after we test our current trend. We have a great trading opportunity approaching regardless. If this trend holds over the next couple days we buy for the new all time high. If we break this level we can hop on for the quick sell off.Nota
Buy signal on the chart. If you were short this would be where to get out. Nota
Sell signal quickly materialized again. I think calling the top here was correct.Nota
Good place to take profit and wait to reenter.Nota
If you have not taken profit now is the time. I am watching this level today. If we close above we will switch to a buy most likely and I will make a new idea.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.