Daniel Ang

Selling Opportunities in Dow - #1 Sold @ 33874.30 Jan 28, 00:11am. #2 Sold @ 33876.70 Jan 28 00:31am

Chart WS30, H4, 2023.01.30 12:37 UTC, Tradeview, Ltd., MetaTrader 4, Real

The Dow most likely peaked last Friday at 34,167.70 as the hourly time frame ended with a bearish engulfing bar immediately after the high on Friday was registered. By the end the market closed that day, the 4-hour time frame saw the appearance of a shooting star; reinforcing the short-term bearish outlook. 

TRADE IDEAS

#1 Sold @ 33874.30 Jan 28, 00:11am.

#2 Sold @ 33876.70 Jan 28 00:31am.

Stop @ 34400.00

Target #1 @ 32727.00

Target # 2 @ 31976.00