RE: Opt19 Apr 2020 16:35
Hi Taks ive had a look the Dow charts and there are no actual bearish signals on any time frame but last two days have been very volatile, look at the candles.
Now look at the weekly, its still going up like a rocket.... saying all the the markets are doing their own thing during these times... I think its very (fundamental) news driven at the moment. If you can find a set up and a trigger go for it but you might have to wait a while and keep your eyes on the news.
Personally if it was me i would wait for it to hit 25220 ish wait for turn on that orange dotted line of yours, a nice double top rejection , ( that where the big boys will try and push it up to and might take a few days but all the current signs are bullish... Again saying that i am not a brilliant intra day trader i try and wait for it to actually turn and i know i do get in a bit late... GL what ever you decide