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