DOW

That was a powerful move yesterday on dow 1200 points up to 33700!!!
And SnP and nasdaq moving high...

Have we seen bottom already at 28650 on dow or have we started new bull run?
I am on sidelines, with short term trades oy

Ta G

dow - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...BnwhbtSE5th4FlWb0%3D

worth a short here 33,230.
stop 100.
not worth risking more...
will it breakout? lets see...i doubt it imvho...
also a bearish div on the rsi.

atb, wdik, dyor,
trendfriend

According to my charts, I had 28650 buy on dow and 33k as target,which is achieved successfully. Now on sidelines.
Charts attached.
Market may get get out of the channel, but I am cautious and going cash or waiting for short opportunity. Not sure if your comments are few weeks too late Remo sir?!

Most index’s out there have all recently had 123 low formations breakouts. Hong Kong market had one today.
Ive started to take positions out again in my sipp for long term.
Hopefully the worst is behind us but its still to early to call. But things do look better on charts recently..
DYOR
Remo

dow - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...ll1eTt7yyUJ+iepPZww=

seeing some very low targets on these markets!
i mean seriously low.....

For now we had a almost perfect retest of 29600 area yesterday(June low)....which was strong support now turned strong resistance.

Next stop the low 26,000's...then below this nothing much in the way to see a retest of the covid lows imvho. The real fun starts if we loose that level. These markets have a real whiff of the 1930's to them imvho!

Careful in these markets imvho...market is dangerous for longs esp...indeed for any trades tbh.
for now while below 29,600 target is 26,100.

Stay safe and keep well.
atb, wdik,dyor,
trendfriend

Umm,,,
It looks like the bears have taken control again…
So back on the sidelines for me..
Every rally recently has been sold into so it looks like the bear market is getting ready for one last almighty push lower…
DYOR
Remo