Dow Jones Industrial Average DJIA possible SHORT (cont.)
Possible continuation pattern forming, not perfect but could be considered a BEARISH CYPHER if trend continues to target on the short term.
Makes sense to have a small bull trap on the way down, something to keep your eyes on in any case.
USA SHORT TMF + ETFS that i have looked into.
BBUS QQQ QID
DYOR
CYPHER TARGETS ARE THE 618 and 100% retracements of leg C - D but I believe a roll over and further downtrend will continue
not a financial advisor
Makes sense to have a small bull trap on the way down, something to keep your eyes on in any case.
USA SHORT TMF + ETFS that i have looked into.
BBUS QQQ QID
DYOR
CYPHER TARGETS ARE THE 618 and 100% retracements of leg C - D but I believe a roll over and further downtrend will continue
not a financial advisor
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If CYPHER didn't fail the target 1 would have been accomplished.
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And that't target 2 IMO it is just shy but i would be happy with that, it will continue down though mid term.
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With both targets hit it will be interesting to see what happens here,
We have built some bullish Divergence I wouldn't be surprised if we have a Bullish push back here. not for long though.
We have built some bullish Divergence I wouldn't be surprised if we have a Bullish push back here. not for long though.
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