Hammer forming on the Dow

[Blue Ruin]

Stop below the pin.

 

[tomorton]

Yes, a hammer, not a clasic pin bar - but the low is 900+pts below the high - not playable on this basis surely.

(the range was so big I thought there was some bad data got into my charts: tough day in NY)

 

[Waterfield]

It's NFP tomorrow, amongst other things...

Wouldn't touch it with a barge pole.

 

[Blue Ruin]

 

[N Rothschild]

rofl your talking about pin bars after the largest point drop in the dow in history?

 

[DionysusToast]

Bloody hell - look what I missed - I guess that's what happens when you only trade the mornings !

I'm not HP about missing that...

On the bright side - I had closed out all my longer term longs on 16th April waiting for a pullback - glad we got it so I can get in again (although not today) !