Dow Jones Industrial Average Index forum
To the downside?
Gold up, Dollar down, uncertainty, and poor data yesterday.
After a descent, the bulls can retrace upwards to retest the trendline (part way or touch it), then head back down again, but further.
*Take Profit to the Downside:
42,126 - Start of S&R Zone
42,047 - Swing Low as Support Area
42,054 - Start of S&R Zone

On the Daily that is in Bullish (directional) Market Bias, a top reversal candle is forming after the bullish rally.
There was a rejection for a breakout at the high of the Inside Day pattern at 42,704 (shown as an orange horizontal line). The bears can drop to either halt at the top of the S&R Zone (that starts at 42,309) or break through it to do a breakout from the Inside Day pattern's low of 41,593 (shown as an orange horizontal line).
If the bears can't breach the S&R Zone below them, then the bulls can attempt a breakout at the Inside Day's high of 42,704 and also breach the Swing Highs at 42,819 and 42,874.

If this trade doesn’t go my way then you must know I’m a bad trader