DDS Short Setup Double Top failure
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A simple risk-reward short setup in DDS. Despite very strong retail sales data, the trajectory is unsustainable.
With higher rates on the way, the market is spanking retailers as more money will go to service credit card debt
rather than consumption.
I have had DDS on my short radar for a while now beside the euphoric one more push higher nothing has changed
for me fundamentally. I still see it going lower.
Wait for the trigger
With higher rates on the way, the market is spanking retailers as more money will go to service credit card debt
rather than consumption.
I have had DDS on my short radar for a while now beside the euphoric one more push higher nothing has changed
for me fundamentally. I still see it going lower.
Wait for the trigger
Uwaga
Bearish flag forming that will likely trigger the trade.Uwaga
DDS short is about to trigger breaking down from bear flagUwaga
Short has now triggered as expected.Uwaga
Excellent move lower as expectedUwaga
DDS new lowsUwaga
KABOOM! As expected. New lows.Uwaga
DDS Breaks $300 as expected.Another great call!
Uwaga
Bear flag in the makingUwaga
Retail sales came in weak as DDS has been signaling for a while now.Uwaga
Getting ready for the next leg downUwaga
New lows!Uwaga
Retail sales growth came in weak again. But we knew that from DDS so,...Uwaga
had to wait for it to fully form before posting. Another bearish structure another CRACK! As expected.Uwaga
New lows
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