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5 years 11 months ago #16399 by remo
Replied by remo on topic DOW
Yep it held nicely during market hours....but did go through pre-market and went down 500 points lower...lol...
This weeks coming should be crazy, as I’m sure the down move will continue as America are doing more test so there real figure may suprise them and if it does then it can turn..
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5 years 11 months ago #16394 by longterm_view
Replied by longterm_view on topic DOW
Uptrend line held?
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5 years 11 months ago #16393 by Libero
Replied by Libero on topic DOW
Hi TF,

Glad you're well man.

On the Dow....

I've had a brief look just now - Death Cross coming? and hardline on the RSI?

(see chart)
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5 years 11 months ago #16390 by Trendfriend
Replied by Trendfriend on topic DOW
Hi all...
Just catching up with the days action...another crazy day i see.... :side:

Something very interesting on the technicals took place on the dow today....anyone else noticed?? :whistle:

atb,
trendfriend :)
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5 years 11 months ago #16383 by remo
Replied by remo on topic DOW
Very strange on the Dow futures...it’s been suspended for a few hours now....but suspended on a 5% rise , normally they suspend when it’s down by 5%...
I had a perfect long activate at 21000, ,,,,then got bailed out...doh,,,,Now just watching from side lines as unable to trade the Dow due to suspension....pain...
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5 years 11 months ago #16379 by Trendfriend
Replied by Trendfriend on topic DOW
Well my long went really well... :oops:
that's the second stop out...(good job i had a stop tbh)so while i have done quite well during these moves...i'm gonna take a little break...
I don't want to short anymore....because its already come off a lot and will rally back at some point soon...at the very least for a dead cat relief rally.....

anyway back to the charts...
dow - daily...
uk.advfn.com/p.php?pid=chartscreenshotsh...Sjc%2FTQeBfFHP7CU%3D

In all honesty i would draw the trendline like this(just me... wdik)....so we busted that t/line at the open...worst still we gapped below it... :ohmy: maybe that was the momentum trigger for these big moves... :whistle:

The strength of this p/b seems extreme...i thought we would get to 18,000 for a bottom....this looks like it could far more ...the dax is at 9000 currently!!.... :ohmy:

This is just crazy....is this virus really going to be that bad??? :sick:

Whats even more crazy is with these big moves gold usually rallies...even gold was down today!! maybe just consolidating....but strange none the less...

be lucky folks...
atb, wdik, dyor,
trendfriend :)
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