DOW

Starting from a very high number today.....
Wonder where it will finish the day?

Real test for this nervous market.....

I think it will end the day down Imvho....but I’ have no intention of trading it

atb
Trendfriend

Looks like bear flag has broken down:

dow - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...R57abSDbJubngCRoA%3D

i don't know if that is a wedge or not tbh....but it is a trendline for sure....and we have closed below it...
so the first sign of any real weakness....

2 key things to look out for, we have only once had 2 down days in a row (in the red circle) since the low...
tomorrow if we get 2 and then 3....sign of change in sentiment again....
Watch the rsi imho...needs to break below the support line for real momentum in this move....

lets see...
atb, wdik, dyor,
trendfriend

Trendfriend wrote: dow - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...6EVZJxRJNawzJqEx8%3D

its tested the the bottom of that wedge today already....will a second test hold??

730....all eyes on the dow!
anyone know whats causing todays drop?

crude oil looks nasty

Libero...i'm just learning....i promise you i know nothing! but it really is great to have you and so many of the others posting....

atb, wdik, dyor,
trendfriend

Accordingly to my chart, the Dow looks like it’s broken that uptrend, since the March low.

1st wobble.

Trendfriend wrote: dow - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...6EVZJxRJNawzJqEx8%3D

its tested the the bottom of that wedge today already....will a second test hold??

730....all eyes on the dow!
anyone know whats causing todays drop?

crude oil looks nasty

Libero...i'm just learning....i promise you i know nothing! but it really is great to have you and so many of the others posting....

atb, wdik, dyor,
trendfriend

Dropped out of that Wedge I think?

The fear is around the unexplainable with what's happening to the May contract with Oil - wow.

I shorted it last week - held it for six minutes to collect..... £7 yes, fish n chips.

Damn!

(and you know a hell of a lot TF! hell, I'm learning!)

dow - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...6EVZJxRJNawzJqEx8%3D

its tested the the bottom of that wedge today already....will a second test hold??

730....all eyes on the dow!
anyone know whats causing todays drop?

crude oil looks nasty

Libero...i'm just learning....i promise you i know nothing! but it really is great to have you and so many of the others posting....

atb, wdik, dyor,
trendfriend