DJI FORECAST AND COMMENTARY - DOW JONES INDUSTRIAL AVERAGE

Dow Jones now trading at the area I would expect a turn around. It could push right through before retracing. I would look for a modest short position in this area with a tight stop loss above 52.5, taking profits at the lines below. Possibilities are 1. it comes down to the orange and tests highs again. Or 2. It comes down to the red line before testing highs again. Or 3. The damn thing just continues upward. Hope this helps your trading ideas but remember this is NOT financial advice, do not take trades based solely on this idea, I am not a financial advisor. This is record keeping only. This is also more commentary than a call but I'm marking it a short call. :P


Be safe out there yall.