DOW JONES Sell signal at the top of the Channel Up.
Dow Jones reached the top of the 4 month Channel Up today just after crossing above Resistance (1).
The MA50 (1d) is the first Support of this pattern and has been untouched since July 10th.
Trading Plan:
1. Sell on the current market price.
Targets:
1. 34450 (expected course of the MA50 1d).
Tips:
1. The RSI (1d) is has formed a top pattern, same as April 13th and June 15th.
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Notes:
Past trading plan:
The MA50 (1d) is the first Support of this pattern and has been untouched since July 10th.
Trading Plan:
1. Sell on the current market price.
Targets:
1. 34450 (expected course of the MA50 1d).
Tips:
1. The RSI (1d) is has formed a top pattern, same as April 13th and June 15th.
Please like, follow and comment!!
Notes:
Past trading plan:
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