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12 years 11 months ago - 12 years 11 months ago #4768
by WaveSurfer
Replied by WaveSurfer on topic DOW
Can somebody with cash market charts, Updata etc, not futures, please post the daily chart up ?
i'm seeing some discrepancies on the candlestick would like too see what updata or any other cash chart print has on it.
daily displaying a tweezer top formation ?
in the meantime DOW 14465 is the big number, no break no lower. as for correction i'd think the first target would be to look at the breakout point of 14200/156, confirmation of a break & day close of that then we 'll look to lower targets as J has mentioned below.
thanks in advance.
i'm seeing some discrepancies on the candlestick would like too see what updata or any other cash chart print has on it.
daily displaying a tweezer top formation ?
in the meantime DOW 14465 is the big number, no break no lower. as for correction i'd think the first target would be to look at the breakout point of 14200/156, confirmation of a break & day close of that then we 'll look to lower targets as J has mentioned below.
thanks in advance.
Last edit: 12 years 11 months ago by WaveSurfer.
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12 years 11 months ago #4766
by WaveSurfer
Replied by WaveSurfer on topic DOW
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12 years 11 months ago #4764
by Jackozy
Yep, I'd agree with that and have been short ftse" and Dow since the off today. Targeting the 38 fib from Nov lows but no lower than the wave 4 low of lesser degree so max lows of 6258 ftse, 13775 Dow and 1485 spx
The following user(s) said Thank You: WaveSurfer, Amo
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12 years 11 months ago #4761
by Amo
According to UBS the DOW will reach a top of around 14540 before falling back 5-7% moving in to Q2. Can you believe the index was as low as 12500 only 5 months ago. Madness.
Interesting to see what happens next but the DOW has taught me a very valuable lesson about markets. I will post my experience later.
Interesting to see what happens next but the DOW has taught me a very valuable lesson about markets. I will post my experience later.
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12 years 11 months ago - 12 years 11 months ago #4702
by remo
Last edit: 12 years 11 months ago by remo.
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13 years 4 days ago #4562
by WaveSurfer
Replied by WaveSurfer on topic DOW
Here's a thought, long term bears have been holding on the bearish w3 scenario, where's that leave em now
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