Dow Jones Index Sells to follow 📉

The Olympus Academy

Hello good day fellow traders!

I'm looking for a potential sell📉 setup for $DJIA(.DJI)$ , with both fundamental and technical indicators to back it up.

📰Fundamentally,

After Jobless Claims, the Dow Jones drops 700 points.
The stock market threatened to add to Wednesday's Federal Reserve-fueled losses, as sellers pressured chip stocks on warnings of industry oversupply.
According to the Labor Department, first-time jobless claims fell to 211,000 from 230,000 the previous week.

🤔On the technical front,

1.) Looking at the H4 chart, despite the fact that price is in a bullish uptrend, I'm looking to play the pullback with a sell entry. Looking for a pullback sell entry at 34106.01, where the previous high is.

2.) My stop loss is nset at 34712.28, where the previous swing high is.

3.) I intend to take profit at 32490.37, where the 61.8% Fibonacci line is located.

‌

Trade Entry recommendations:

Sell Entry: 34106.01📉

Take Profit: 32490.37 💲

Stop Loss: 34712.28❌

‌

Other tickers to recommend:

For 5x Long Leverage: $DJIA 5xLongSG250911(CUJW.SI)$

For 5x Short Leverage: $DJIA 5xShortSG250911(CVFW.SI)$

US Stocks Opportunities

Here are a theme that collects the best quality or your most bullish US stocks, Share your thoughts here!

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Comments

JoanneSamson
2022-12-16
JoanneSamson
Thanks for sharing! I think a sell entry is tricky, pullback may be hard to play
Trevelyan
2022-12-16
Trevelyan
The previous swing high is a good reference indicator👍
Juliaaa11
2022-12-16
Juliaaa11
tq. I would do sell after Christmas.
DaveLewis
2022-12-16
DaveLewis
good to stick to a conservative strategy now
CynthiaVogt
2022-12-16
CynthiaVogt
Jobless claims fell, could be a good sign!
CSNeo
2022-12-19
CSNeo
[开心]

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Looking at the H4 chart, despite the fact that price is in a bullish uptrend, I'm looking to play the pullback with a sell entry. Looking for a pullback sell entry at 34106.01, where the previous high is.</p> <p>2.) My stop loss is nset at 34712.28, where the previous swing high is.</p> <p>3.) I intend to take profit at 32490.37, where the 61.8% Fibonacci line is located.</p> <p>‌</p> <p><strong>Trade Entry recommendations:</strong></p> <p>Sell Entry: 34106.01<strong>📉</strong></p> <p>Take Profit: 32490.37 💲</p> <p>Stop Loss: 34712.28❌</p> <p>‌</p> <p><strong>Other tickers to recommend:</strong></p> <p>For 5x Long Leverage:&nbsp;<a target=\"_blank\" href=\"https://ttm.financial/S/CUJW.SI\">$DJIA 5xLongSG250911(CUJW.SI)$</a>&nbsp;</p> <p>For 5x Short Leverage:&nbsp;<a target=\"_blank\" href=\"https://ttm.financial/S/CVFW.SI\">$DJIA 5xShortSG250911(CVFW.SI)$</a>&nbsp;</p> <p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/70158b116df9aea74d6e358cdca4fe8a\" tg-width=\"632\" tg-height=\"288\"></p></body></html>","htmlText":"<html><head></head><body><p>Hello good day fellow traders!</p> <p>I'm looking for a potential&nbsp;<strong>sell</strong>📉 setup for <a target=\"_blank\" href=\"https://ttm.financial/S/.DJI\">$DJIA(.DJI)$</a>&nbsp;, with both fundamental and technical indicators to back it up.</p> <p>📰<strong>Fundamentally</strong>,</p> <ul> \n <li>After Jobless Claims, the Dow Jones drops 700 points.</li> \n <li>The stock market threatened to add to Wednesday's Federal Reserve-fueled losses, as sellers pressured chip stocks on warnings of industry oversupply.</li> \n <li>According to the Labor Department, first-time jobless claims fell to 211,000 from 230,000 the previous week.</li> \n</ul> <p><br></p> <p>🤔<strong>On the technical front,</strong></p> <p>1.) Looking at the H4 chart, despite the fact that price is in a bullish uptrend, I'm looking to play the pullback with a sell entry. Looking for a pullback sell entry at 34106.01, where the previous high is.</p> <p>2.) My stop loss is nset at 34712.28, where the previous swing high is.</p> <p>3.) I intend to take profit at 32490.37, where the 61.8% Fibonacci line is located.</p> <p>‌</p> <p><strong>Trade Entry recommendations:</strong></p> <p>Sell Entry: 34106.01<strong>📉</strong></p> <p>Take Profit: 32490.37 💲</p> <p>Stop Loss: 34712.28❌</p> <p>‌</p> <p><strong>Other tickers to recommend:</strong></p> <p>For 5x Long Leverage:&nbsp;<a target=\"_blank\" href=\"https://ttm.financial/S/CUJW.SI\">$DJIA 5xLongSG250911(CUJW.SI)$</a>&nbsp;</p> <p>For 5x Short Leverage:&nbsp;<a target=\"_blank\" href=\"https://ttm.financial/S/CVFW.SI\">$DJIA 5xShortSG250911(CVFW.SI)$</a>&nbsp;</p> <p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/70158b116df9aea74d6e358cdca4fe8a\" tg-width=\"632\" tg-height=\"288\"></p></body></html>","text":"Hello good day fellow traders! I'm looking for a potential sell📉 setup for $DJIA(.DJI)$ , with both fundamental and technical indicators to back it up. 📰Fundamentally, After Jobless Claims, the Dow Jones drops 700 points. The stock market threatened to add to Wednesday's Federal Reserve-fueled losses, as sellers pressured chip stocks on warnings of industry oversupply. According to the Labor Department, first-time jobless claims fell to 211,000 from 230,000 the previous week. 🤔On the technical front, 1.) Looking at the H4 chart, despite the fact that price is in a bullish uptrend, I'm looking to play the pullback with a sell entry. Looking for a pullback sell entry at 34106.01, where the previous high is. 2.) My stop loss is nset at 34712.28, where the previous swing high is. 3.) I intend to take profit at 32490.37, where the 61.8% Fibonacci line is located. ‌ Trade Entry recommendations: Sell Entry: 34106.01📉 Take Profit: 32490.37 💲 Stop Loss: 34712.28❌ ‌ Other tickers to recommend: For 5x Long Leverage: $DJIA 5xLongSG250911(CUJW.SI)$ For 5x Short Leverage: $DJIA 5xShortSG250911(CVFW.SI)$","highlighted":2,"essential":2,"paper":2,"likeSize":190,"commentSize":34,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9928955942","repostId":0,"isVote":1,"tweetType":1,"viewCount":2443,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[".DJI","CVFW.SI","CUJW.SI"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":937,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":105230899,"gmtCreate":1671188197789,"gmtModify":1671188211098,"authorId":9000000000000534,"author":{"id":9000000000000534,"authorId":9000000000000534,"name":"JoanneSamson","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9928955942,"type":1,"supId":0,"prevId":0,"content":"Thanks for sharing! I think a sell entry is tricky, pullback may be hard to play","text":"Thanks for sharing! I think a sell entry is tricky, pullback may be hard to play","html":"Thanks for sharing! 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I would do sell after Christmas.","text":"tq. I would do sell after Christmas.","html":"tq. 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