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chazd

Short the Stock Market (or at least sell now)

Penjualan
Indeks Rata-Rata Industri Dow Jones (DJ:DJI)  
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DJ:DJI   Indeks Rata-Rata Industri Dow Jones
Trend Analysis Chart Patterns Technical Indicators Stocks djia
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trendanalysis chartpattern indicator stocks djia
The DJI has broken below the cloud for the first time in over 12 months. It also broke below the 50 day EMA, which had been providing support throughout 2017's bull run (yellow shaded ellipses). Watching for the completion of the two trend lines (red arrows), but slowing momentum, lower highs, and resistance on top (bearish tk cross, red cloud, price below the cloud) on top of increasing global economic uncertainty + yesterday's rate hike makes me think right now is a good time to exit.
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