Dow Jones losing streak signals bear continuation below 36,000 [Video]

Orlando Gutierrez Learn 2 Trade

The Dow Jones has printed 7 straight days of lower high and lower lows after a massive bull trap at the break of December highs to all-time highs.

Not only that but buying the dip players got trapped again yesterday at the 36000 level.

This double whammy could trigger further downside continuation.

Let's wait for premarket volume and then decide on this trade.

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Author

Orlando Gutierrez

Learn 2 Trade

Orlando has been involved in the financial markets for about 10 years. His focus is Global Macro and he is a strong believer that the best way to trade the currency markets is focusing on the big picture and holding on to big macro trends.

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