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- My View On The Dow Jones Industrials
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As you know I am bearish on stocks and looking for an entry to short. One of my favorite setups is the 1-2-3 formation.
If you look at the above chart I clearly marked off the swings which make up the 1-2-3 setup. If stocks take out the point 2 low, I will get short with my protective stop above point 3 which hasn’t established itself yet….
Fuente Original
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29 May, 2008| Technical Analisis |
@ 18:33