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4 years 9 months ago #17533 by Paitech
Replied by Paitech on topic DOW
Looking getting closer to the support line.... at 33240?

Whats ya all thoughts? where is everybody?

ta
G
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4 years 10 months ago - 4 years 10 months ago #17515 by waverider2
Replied by waverider2 on topic DOW
Me thinks some major selling to take profit but there seems to be a major accumulation which bodes well for the next leg up

Every drop is bought back significantly and quick
Last edit: 4 years 10 months ago by waverider2.

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4 years 10 months ago #17514 by waverider2
Replied by waverider2 on topic DOW
Good evening fellow comrades!!

Am I the only rascal thinking the markets are soooo volatile?

Dropped 200 points in a matter of seconds. 2days ago same thing only to recover. Tease and then drop.

What is going on

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4 years 11 months ago #17499 by Ronmould
Replied by Ronmould on topic DOW
I still have my megaphone trade open - my first target is 40K - will close half there and add a trailing stop. Second target 42K
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4 years 11 months ago #17498 by redchilly
Replied by redchilly on topic DOW
Agree TF - Looks superstrong

Comprehensive breakout on the Monthly chart
Short term it may fall back to current trendline

Longterm - I have target of 40K
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4 years 11 months ago - 4 years 11 months ago #17497 by Trendfriend
Replied by Trendfriend on topic DOW
dow - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...krv0c7hlQVxznCGWdTE=

quick update on the Dow.

Looks strong....no real sign of any weakness here imvho...
Aside from the long term negative rsi divergence being the only indicator that's bearish....but we cannot look at that in isolation.
This all looks good for more up, above the red t/line opens up 38,000 area imho.
Looking at the rsi its been making higher lows since Oct 20. So a lower/low on the rsi maybe a early signal of the rally faltering.... if/when that happens ;)

No stopping the Americans....pump...pump and more pump!! :whistle:

atb, wdik, dyor,
trendfriend :)
Last edit: 4 years 11 months ago by Trendfriend.
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