DOW

i think 26,000 area....give or take 50 or so points....
i think that's the key atm imvho....
resistance and down trendline is around there on the hourly....

going to add there if we hit that number during market hours....

atb, wdik, dyor,
trendfriend

It’s proper yo-yo at the moment.....lol
It’s filled the gap resistance at 25750, well 25741, missed my perfect entry by 9 points...
I’ve deleted that short order now,,,,,but have gone short from around 25550 ish area....but only a tiny bet of 30p a point...lol...

moved stop up to stay in here....small position, so looking to add another short.... i think this is going down imvho....maybe a couple of days of up first though...
atb
trendfriend

closed long and short now at 25552.5
stop 25850 for now....

atb, wdik, dyor,
trendfriend

From looks of it , the Dow maybe coming down 500 points from fridays close.....
I’m looking to get short again but need a rally to do that ...
Far as Im Concerned we have already started the bear market..Shorts are the only way forward unless the highs gets taken out...
The media are always late to the party but once they get involved then likely will be huge panic sells...
I’m expecting the markets to correct for around 6-9 months and then the once in a life time opportunity will come.
For people who are not good at trading,,,,,,,,look to buy funds at that time....Hargreaves Lansdown wealth 50 is a good starting point...
Remo

dow -weekly.
uk.advfn.com/p.php?pid=chartscreenshotsh...O05S+rH/NcmQWT9ZsH0=

looking at this in longer time frames as well.....someone i follow was looking at lower on the indices. I think i have to agree now..having looked closely at this...
Does seem that the rally on Friday may well be a mid move consolidation, as the market is very oversold..... before another leg lower....
This could well drop down to around 183500 area imvho

lets see but i'm going to close my long and look to short the rallies.....Fridays support level and the 200 day ema line on the weekly are key now imvho....once they fail i think this should drop quickly again.

going to close my long...and short only for the coming weeks...

atb, wdik, dyor,
trendfriend