DOW

no Shorty - bounce from 15080 (dow hit 15096) to 15157 - price needs to stay capped for retest of the lows...and we just hit that 157 level and should start to reverse back down imo..

so now poss gradual ping pong 157- 114 or lower.... your trade should be free.... if goes abv this then test of 200 poss

Isn't the chart below showing a H&S top? seems like it retested on the chart below and now should head down towards the target?

I wouldn't be at all surprised to see 14534 here based on this wave count, the 38 Fib and the support from the wave 4 subwave low at 14444:



dl.dropboxusercontent.com/u/20815047/FTS...Dowdaily05_06_13.gif

+div on 60min

Im already long on this with a 40 point stop on a first attempt basis.
Its currently fighting The trend line support.
this is a day trade for me and a bit risky as its not the main trend line support.

dl.dropboxusercontent.com/u/4899609/dow5thjune.png

Hello Remo,
Do you always place a 40 pt stop ?