[BUY] DOW30 - Bullish - We look to Buy at 31815 Selling pre | Blueberry Markets
[BUY] DOW30 - Bullish - We look to Buy at 31815
Selling pressure from 32355 resulted in all the initial daily gains being overturned Although the bears are in control, the stalling negative momentum indicates a turnaround is possible The hourly chart technicals suggests further downside before the uptrend returns We are trading at oversold extremes This is positive for short term sentiment and we look to set longs at good risk/reward levels for a further correction higher We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher
