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Trade the Dow

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Guess I should have trusted my levels and gone short when it turned on that resistance area , but the train has left the station now. but I have loads of potential support around 440, so see what happens if it gets there.

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Posted (edited)

Yep, like I said, Dow.s a bit boxed in between S&R, so no surprise to see the price come right back after that little drop.

Edited by Catweazle
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Been away from trading for a while so just getting my sights in or attempting to. Any Dow traders out there? Please feel free to contribute to this thread.

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Guest tommo

Dow tends to get most of the gains during periods where pension funds invest(payday cycles).12th-17th and 27th-3rd(next month).Other periods tend to be flat or negative..This theory has been back -tested 20+ years showing strong correlation( However sometimes you still lose..good stop loss is essential

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  • 2 weeks later...
Guest Ankit Jain-Official

Nasdaq100 and Dowjones weekly analysis and forecast uploaded for W3-Mar'21.

Watch out on YT channel : Ankit Jain-Official

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