Here we now have a RSI and MACDH on the dow with a nice candle to show a potential reversal. This lines up now with the German DAX. Prices are quite overextended from a decent support box so we may see some profit thing / selling here. We have to be careful though with 5 min moving averages still not bearish and several rising trend lines.
If stops get taken out at 27428 we may see even more buying and a good opportunity to reverse and go long.
If stops get taken out at 27428 we may see even more buying and a good opportunity to reverse and go long.
Trade closed: stop reached
Incredible strength again. Will we go up?
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.