fehro wrote:INDU close to it's 50d, under it's 20d
I read something recently about how swapping in GS this past Tuesday has been driving down the DJIA because of how it is price weighted. Food for thought.
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I have not much to say today. the selling doesn't look strong as bars are mostly overlapping, but sometimes it's very tricky when every seemingly strong bull bars are simply sold, people are trapped on every rebound attempt. I don't know if today is the day, so I'm mostly quiet.
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H1 long. no idea if it works or not. maybe still better to trade L2.
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