Forexian

Dow, expecting the down move now

Short
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TVC:DJI   Dow Jones Industrial Average Index
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
Kommentar:
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
Trade ist aktiv:
So, did I knew about the #coronavirus outbreak? 😁


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