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Bearish DJIA hidden divergence

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Indeks Rata-rata Industri Dow Jones (TVC:DJI)  
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TVC:DJI   Indeks Rata-rata Industri Dow Jones
Pivot Points Oscillators Beyond Technical Analysis Bearish Patterns Hidden Bearish RSI Divergence djia COT
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pivotpoints oscillator beyondta bearish hiddenbearishrsidivergence djia cot
The Dow Jones is still in a downtrend even though we had the recent bullish pullback an this is evidenced by the formation of hidden divergence. The formation of hidden divergence usually means a continuation of the established trend will continue. The red lines on the price action and on the MACD, give you the setup. My target would be 31,000 and then 28,750
The COT shows the Non-commercials are short.
Trading ditutup: target tercapai:
closed trade @31,600

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Short AUDCAD Hidden Divergence
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