Disclaimer: For education/entertainment purpose only. Invest at your own Risk
Dow closed on Monday June 12 at 10,792
Previous close is 10,891.
The Dow traded sideways early in the day before getting a huge downside break late in the day, to close at 10,792 which is 99 points below previous close.
As shown in the figure, it is still in the downward sloping channel pattern.
As long as it remains in the channel and below 11,200, we can say that the trend is BEARISH.
Here are some stock picks for SHORT SELLING
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