Dentalfloss
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dow lookin overbought on 5 min data
anice move down premarket to test the 18306 we talked about earlier
Stop sell hit at 18309. SL @ 18509.
This entry is based off weekly charts. Negative divergence with MACD since last Nov/Oct. Don't have much faith in the rally either.
Target area is around 17800s...
Will see how it pans out...
SL set to +10 @ 18299.
Will re-enter if DOW shoots above 18300s with another trailing stop limit order.
stopped out @ 60
I thought this had swung well into +ve territory and thought you did well to call the short.
I think as Postman said, bad news is good news and good news is GOOD news too.
Never like giving back gains.
DOW is likely to tank further....
Hi Atilla,I think so too.
fwiw imo - Short the DOW and go long on DAX :idea:
Should come away with +ve pips.