DOT broke down from the MAJOR 23-24 support, which then served as resistance.
Next major support is at 10-11, but we at least broke out from and retested the green falling trendline (blue circle). We could see a recovery to retest the 23-24 resistance.
My trading plan is to wait for one more down leg, then look for longs up to resistance.
Next major support is at 10-11, but we at least broke out from and retested the green falling trendline (blue circle). We could see a recovery to retest the 23-24 resistance.
My trading plan is to wait for one more down leg, then look for longs up to resistance.
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👍 Simple, actionable content
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