Welcome to KISS & Technical Set-Ups. In this section of the site we post examples of Technical SetUps as provided for members in real time on NorthmanTrader.com utilizing our KISS methodology.
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On April 25 we highlighted the $DJIA as one of the Danger Charts highlighting sizable downside risk.
This was the original chart in the article:
We then tracked the chart publicly:
Correlated we also tracked the $DJIA cash cash chart with view of gap fills and .382 fib target risk:
1 month later:
Total decline was over 2,000 points or 7%.
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Categories: Technical SetUps