DOW waiting for bearish correction to complete
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Hi traders:
Looking at DJI for the bearish reversal in the up coming days/week.
Overall looking at the price action, we see DOW has hit the all time double tops, and price is showing reversal price action on the LTF.
Price had a push up, but failed to continue higher with any bullish correction.
Instead, we see a short bearish push down from that area, and a correction begin to form.
Key here is to not jump in right away, rather wait for price to develop and structure to complete for the sell.
Thank you
Looking at DJI for the bearish reversal in the up coming days/week.
Overall looking at the price action, we see DOW has hit the all time double tops, and price is showing reversal price action on the LTF.
Price had a push up, but failed to continue higher with any bullish correction.
Instead, we see a short bearish push down from that area, and a correction begin to form.
Key here is to not jump in right away, rather wait for price to develop and structure to complete for the sell.
Thank you
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