Dow Jones IA: negative signals:price below MA 50,100, CCI under 0

DJIA is in a negative territory as the U.S session starts.

CCI is now below 0-short move. The price is below MA 25,50,100 and under the yesterdays bottom- sell signals, this move is very likely to continue.

Good positions for sell- around 17665, after a small correction of the short and a stop around 17730.

If the price go below 17569 it will be a good signal for a new short.

 Varchev Traders

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