Cup and Handle Ascending TriangleSupport at top trend line of A triangle which is also entry level. Support can be found at handle low at 93.35 if it breaks through the A triangle trend line
The dow seems to be faring better than the other 3 major indexes. DIA is the only one that was not in a rising wedge as well so it may be a good place to look during this deep correction
The trend is your friend, until it is not
Not a recommendation
Good luck!
NKED trade ideas
NKE- Long set upNike has been in a strong trend. Just broke out of previous highs of Feb and may run higher. Nice set up. There is a trend line resistance coming up on higher time frames but if market breaks to new high. Nike which has been trending strong will go with it.Just an opinion. Please do your homework before trading or investing in any financial asset.
Another potential for Fib Extension I got this just entered just a few days ago. Hoping the Fib Extension also plays out well, approximately $133.85. Always watch $SPX closely while trading. But stops for guarding your portfolio.
#trendismyboyfriend
#tradewithstrategy
#noFOMO
#analysisfun
#pleasedonate
#GLTRADE