DOW

Spx 3428 +/- 13 points is a big number - watch it closely... if any place for a turn this the place - spx is looking impulsive now in confirm bull uptrend. ( if it's B then -4% or +1% of previous highs for an irregular is still valid) or else this is a start of a new bull with Wave 2 PB to follow.

dow is playing catching up - watch that gap - dow still looks corrective- 3 trends - could start to impulsive.

all eyes on dow now....

stay safe and trade well.

WS

With lines

Hi Inside informant - I got 28400, but your chart could be more accurate!

it's getting silly now isn't it. I mean for all the talk of the markets being forward thinking, then was this "forward thinking" everytime we had a decline? But more to the point, how can the markets be forward thinking if central banks (and to some extent) governments are pulling out all the stops to delay what will happen.

It's a strange world indeed!

Anyway, ready to go short this week - but as a note to self, I must start looking more closely at the S&P rather than the Dow which is too wild.

THAT GAP AT THE TOP IS GETTING FILLED!
IF THERE IS GOING TO BE A PROFITABLE DJI SHORT, IT IS AT 28402.9$!

Yep.... good point MM
Some nice charts Libero!
For these golden and death crossovers the strongest move comes in the build to the crossover imvho
It’s the same for individual stocks as well.....

Once the crossover happens you do often get a reversal....

I think the real economic impact is still come with all of this.
With furlough due to end soon.... can companies afford to keep staff?

Let’s see....for the Dow it will all depend how willing the fed is to come up more cash .

atb
Trendfriend

Look what happened when bearish death cross happened