Índice Industrial Médio Dow JonesViés de baixa
Dow Jones might have topped at 28733 mevels
Dow Jones might have carved a lower to around 28733 (spot), on August 28, 2020. The indice is trading around 28450 levels for now and could break below immediate support around 27526 mark in the next few sessions. Bottom line remains that the indice should stay below 29600 to keep the above bearish structure intact. The wave structure remains in favor of bears with larger degree Waves (1) and (2) in place around 18200 and 28733 (potential top) in place. Having said that, a bearish reversal could be confirmed only after 27530 support breaks. Good to sell on rallies.
Remain short, stop @ 29600, target is open.
Risk Disclaimer:
Trading Forex or any CFD products may not be suitable to all investors and they must evaluate their risk appetite. The above article should not be construed as a trading or investment advice as it is solely for education and information purpose only. Trading might incur a loss of capital and hence investors might be required to gain further knowledge regarding the risks involved. Leverage should be used wisely.
Remain short, stop @ 29600, target is open.
Risk Disclaimer:
Trading Forex or any CFD products may not be suitable to all investors and they must evaluate their risk appetite. The above article should not be construed as a trading or investment advice as it is solely for education and information purpose only. Trading might incur a loss of capital and hence investors might be required to gain further knowledge regarding the risks involved. Leverage should be used wisely.
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