DOW

The impact that Fed speeches have never fails to surprise me!

Yesterday was really interesting- the rest of the indices went down the Dow managed to stay green most of the time. It seems to be yo yo ing widely today. Very keen to understand what people think - my view is that the US technology is leading and is bringing the rest with it.

dow- daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...ivx2lSVk5WjZ1LdTBmk=

outside down day on thurs played out perfectly with another down day Fri...
Not surprised to see a rally again as its a strong bull market and the rsi held support..

This is nicely inside this triangle only below 30300 would i be worried about lowe.
so 30300 no break no lower

above 32000 should see a new leg to the upside.

atb, wdik, dyor,
trendfriend

I have got the following resistance points for the Dow:

- 31200, 31400, 31600 and 32000

Anyone care you post their numbers here ?

Many thanks
Warren

This is interesting - however it is a nice catalyst for short covering and short term bounce.
Point to note - the Nasdaq was the lead indicator for a long time and the trend line has recently broken and not recovered .

The Dow is on the ling term upward trajectory but there is an opportunity to get into some lower price in my opinion.

The price action during the last hour on Friday last week very interesting to say the least.

I might be shot down for saying this but I am temporarily looking for opportunities to go short

This will fly high on Monday

www.bbc.com/news/world-us-canada-56221371