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. 🙄