DJIA - Dow Jones Industrial Average
DJIA (also known as US30 ) has been showing weakness after touching an all time high of 18550 , It has sold off moderately since starting of the week , I expected the momentum to continue at least till early Friday till the release of NFP (Non Farm Payroll - I shall cover the event on Friday) , For now I feel it should be a good risk reward to sell DJIA at 18280/90 , currently its trading at 18260 levels.The SL should be around 18360. The pair could see itself testing support of 18090 levels.
Disclaimer :- Trading is not for the weak hearted , Trading these instruments involves high level of risk and losses can exceed capital (depending on your FX Broker).My advises should be used as a medium to learn and not as a medium to get RICH.I dont have any formula for anyone to get RICH. I shall share no responsibility for anyone's profit or losses.Once again Trading is not for everyone.