DJIA(DOW-US30): No break of previous high! Several options...
We didn't surpass the last high, we now have several options of patterns and counts, one of them is a double top which could give us a big short on the breakout below... (possible entry at re-test). ABC also still possible...
Indicators are in line with move lower at the moment, so short stays my preferred direction...
Indicators are in line with move lower at the moment, so short stays my preferred direction...
Note
Fell back to the nearby support and reversed, still looking weak though, could be going further down again...Note
And again it's going up... 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.