DOW: Possible Inverse & Shoulders

US Wall St 30 OANDA:US30USD


The Dow appears to be carving an Inverse H&S . The election result still has room to create risk-off knee jerk reactions intraday. I will take advantage of any drops, trading against the low of October 29th.

A daily closing below the spike low of October 11 would somewhat negate the pattern, although I will look to the candle structure before making a trade.

By admin