DOW

Hi Remo,

may I ask what targets you have for your trade?

Thanks
CT79

Free trade now

Potential 123 high on close

Amo wrote: Cheers Remo, If the DOW goes lower than Mondays low today would that be classed as a 123 high?

Hi amo
I'd class that as a 123 high.

Cheers Remo, If the DOW goes lower than Mondays low today would that be classed as a 123 high?

Amo wrote: Hi Remo,

What would you look for to suggest there could be a change in trend rather than just a correction?

Thanks
Amo

P.S. Good call with the Marubozu

Sorry did not really responded to the question properly.
I'd look for bearish candlestick patterns and will look to confirm this by lower highs. 123 highs .
Until you get the lower highs it's risky calling the tops. Trend lines breaking is an added bonus but the trend line for the Dow is miles away.