Lee's Dow Trade

CPI numbers surprised the market, leading to a sell-off in U.S. equities, with the DAX staying neutral.

Looking at the Dow's 1-hour chart, we received a red Pro-Trading system sell signal right at 1 PM. I shorted the trade, and we're currently up nicely. I added to the position at the lows, aiming to capitalise on further downside momentum.

On the daily chart, we're targeting a significant support level. If we break through, we could see a big drop, offering a 3-to-1 or even 4-to-1 risk-reward opportunity. I'm closely monitoring the $40,200 support area, which could bounce, but I'm holding for a bigger move.

I'll be discussing these trades and more in a webinar on Tuesday evening (sign up here), where I'll cover potential setups and big opportunities in the coming weeks. Don't miss out—there's some exciting volatility ahead!

Hope this helps, see you soon!

Best, Lee

P.S. Don't forget to book a call-back above.