Dow Jones Industrial Average Index
Short
Aktualisiert

Dow, expecting the down move now

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We are watching most indices especially Dow and S&P500 which are in strategic technical places.
For now, at least a "long soft correction" is expected but it can easily turn to a sharp move down due to recent political collusive deals which causing uncertainties in future relations in the world and of course affect markets too.

It's a wait-and-see situation and the nature of the move depends on investors' reaction.

Trade with care and stay green.

Please let me know your view about the idea
Anmerkung
Stop loss moved to profit (2757)
Trade geschlossen: Ziel wurde erreicht
The sell hit the target (27850 pips) 😁👍

For now, it's wait and see mode, we need a long correction here to confirm more down move.
My expectation is that it will go sideway to the area marked by ❗️ and then UP, early to say.

❓ I don't know why TradingView doesn't show my pinned idea on the chart
Snapshot
Trade ist aktiv
So, did I knew about the #coronavirus outbreak? 😁

Snapshot

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