Long
Expecting a breakout to the upside in the Dow
Dow's been consolidating in a rectangle pattern for a few weeks. I like DIA call options going out to June/July or Dow Jones futures. I'm expecting a breakout soon based on this week's price action.
A break below would trigger a short, but I view that as a low probability
A break below would trigger a short, but I view that as a low probability
Note
round 2 but now on the daily/weekly so targets are higher
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.
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.