DOW Hourly Futures Gap Down – Level To Watch

06 May DOW Hourly Futures Gap Down – Level To Watch

No Weekly Trading Round-Up this Week as the only Swing position taken last Week was a Cable Long and that position is still live but will most likely be stopped out within the next 24 hours.

In the meantime, just a quick post showing a short term set-up.

DOW Futures gapped down and immediately sold off into support, any bounce from here will be worth watching in view of a potential short entry from the trend line back test circled in this chart:

For reference purposes, my swing system is still in development but remains short on the Daily time frame from 12,900 which was triggered on 10th April.