This week is going to be less chaotic than the last weeks. I expect certain movements in price this week. Wish you all the best.
4DOW
The DOW is still trending up (EMA50 > EMA100 > EMA200). Candlesticks performed a hammer last week to show a great support at 20,797. Place a buy-stop-order a few ticks above the hammer’s high, Stop-loss a few pips below hammer’s low.
Seasonal: 86% up, 99 ticks up, 103 ticks down
COT-Analysis
Dow gained massively in COT-index. +50 on 26 weeks and +36 on 13 weeks. Dow may go up this week.
