Dow Jones - The Fifth Break

The bears look strong at the 5th pull back.  Might test the 30-31000 zone if the bulls cannot pull it back above the uptrend line next week.

7 Jun 21 - Down Setup

10 Jun 21 - Down Setup

7 to 18 Jun 21 - 10 bearish bars 

Overall, the correction is good as the market is overvalue.   If hand itchy, buy only stocks you are willingly to hold for the long-term, batch by batch.

32000 should be a strong hold and if failed be prepared for 30-31000.

The 5th support hit.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.