daytrade diaries... tuesday, page-20

Just thought i would flick the gold chart up and show where my long and shorts have been. Now sure at the first sign of panic people will go gold. But is it not wise to wait for confirmation of a trade



Secondly the DJIA which shows a few supports line which have to be taken out prior to all hell breaking loose. I highlighted the last index short on the daily to show what to look for.
I wouldnt short the DJIA this time until you have a Lower swing top trade to confirm a new downtrend.