Dow Inverse Head and Shoulders Trade Ideas
The Dow has been relatively weak lately, but had a strong bounce off of support and formed an inverse head and shoulders, so I'd expect upside until that neckline is breached. First target would be the resistance above where it has already failed twice. If it's able to reclaim, I'd expect more upside and vice versa.
Short Thesis:
advancedplays.com/short-thesis.pdf
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky, most traders lose money!
advancedplays.com/short-thesis.pdf
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky, most traders lose money!
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