The Dow Jones Industrial Average, or simply the Dow, is a stock market index that indicates the value of 30 large, publicly owned companies based in the United States, and how they have traded in the stock market during various periods of time .
We miss our first manual trade entry at 22957 and have to settle for the Automated Entry at 23745. Our Stop Loss is currently at 22727 with an early exit at 23440.
This is a risky trade since we are trading against the Primary and Secondary Trends which are current bearish. However the Medium and Short Term Trends are Bullish.
Our first target is at 25000..
Dow Jones Industrial Average (^DJI) is struggling to stay above 25300.
We are now seeing a bearish momentum building up on the shorter term time frame. We will adjust our stop loss to 25150