2 spots identified one for short and another for Long. Both have been marked in picture with clarity on rates. In both the places the nearest date with a high volume considered as the base since the pattern has to be high bottom and high top with volume for long and Low top and low bottom with volume for short. We are losing when we do short as per Dow theory in this short trade. While in long trade since the time has not elapsed we believe that the target will reach in another six months from sep i.e. in Mar 18 since the last HB HT pattern happened in mar 17 and this pattern has happened in Sep 17.
, , Dow Theory
