Dow Jones Industrial out of Gas

تم تحديثه
When I started with trading over 3 decades ago, I was told that the DJI is often the forecaster of the bigger market direction.

This week, it looks like the DOW is out of Gas.
Struggling at the U-MLH indicates the need to find balance. Balance is at the Center-Line, so DOW(n) we go.

With end of year staring at us, it's time to reduce exposure, or at least adding to the Portfolio hedge, specially when VIX is low.
تم فتح الصفقة
If the DOW is closing the week above the high, then the Idea is currently on pause.
Nonetheless price is extremely stretched and I still stalk a short as described.
Beyond Technical AnalysisChart PatternsDJIdjishortDOWdowshortmedianlineshortTrend Analysis

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