Another Example-SDOW

SDOW was another of our longs, here the 15 min hart suggests new lows...

 This is a very strong 15 min chart with good accumulation suggesting we'll see those new lows.

 However, once again the 1 min chart is not confirming the uptrend.

When looking at the DIA 1 min chart, we see further positive divergences as it moves lower, so I don't want to be caught in a fast reversal trap here. We'll see if we get a bounce with the right negative divergences in the DIA, SPY, etc and re-establish there.