DJU Dow Utilities Short Opportunity
Dow utilities index ended the week at 711.
If it breaks above 713 – 38.2 Fib Retracement-, it is likely to test Fib 61.8.
We plan to short DJU at Fib 61.8 – 732.02 –
Note: Bearish Swan would be completed at 729-732
Entry Signals and the targets would be sent to members.
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DJU: Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.