DOW REVERSING FROM RESISTANCE

١٤ يونيو ٢٠٢٣

30th January,6th, and 13 Feb week were indecisive weeks at 34387. Today Dow had reversed from the same indecisive level which means Dow is not able to take out that resistance. Dow is looking like a shooting star bearish reversal. If Dow ends up with this candlestick pattern then With Sl of 50% of today's high and low, a short opportunity arise. Having said that extended candle above the up-trend channel is not tradable, today's 300 points fall is the answer.