DDS Short Setup Double Top failure

2023年2月21日

A simple risk-reward short setup in DDS. Despite very strong retail sales data, the trajectory is unsustainable.
With higher rates on the way, the market is spanking retailers as more money will go to service credit card debt
rather than consumption.

I have had DDS on my short radar for a while now beside the euphoric one more push higher nothing has changed
for me fundamentally. I still see it going lower.

Wait for the trigger

2023年3月7日

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Bearish flag forming that will likely trigger the trade.

2023年3月8日

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DDS short is about to trigger breaking down from bear flag

2023年3月13日

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Short has now triggered as expected.

2023年3月15日

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Excellent move lower as expected

2023年3月17日

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DDS new lows

2023年3月24日

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KABOOM! As expected. New lows.

2023年3月27日

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DDS Breaks $300 as expected.

Another great call!

2023年4月12日

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Bear flag in the making

2023年4月15日

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Retail sales came in weak as DDS has been signaling for a while now.

2023年5月1日

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Getting ready for the next leg down

2023年5月11日

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New lows!

2023年5月17日

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Retail sales growth came in weak again. But we knew that from DDS so,...

2023年9月11日

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had to wait for it to fully form before posting. Another bearish structure another CRACK! As expected.

2023年11月9日

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New lows