Bounce up to 28,500 on Dow Starting to Look More Likely

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I am closing my most recent sells on the Dow with a small profit and taking a short term buy position on it.

It's starting to look like a double bottom is forming, and we'll probably see this up a couple percent before there is strong selling.

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ملاحظة

Adding to this trade.

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Dow looks like it will drop again. Very weak. All the pullbacks in the sell move being sold hard.

Selling 26,700 and target 27,200.

Still waiting on a bounce before getting too heavy into selling, but I do not think we've bottomed out this swing yet.

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ملاحظة

Taking my profits 26,230. Buying here for a bounce.

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ملاحظة

Dow is bouncing like a brick! We may finally be at the low in this now 24,750. Really strong sell coming, but we need to see a spike upwards to set it up.