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6 years 5 months ago #16137 by remo
I think this index is getting ready for a down move soon....but I’m suprised it’s still so high considering how long this bull market has been going..
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6 years 5 months ago - 6 years 5 months ago #16129 by Trendfriend
dow - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...Fiowc9U3qkNi1rDog%3D

Just looking at this....
Perfect trend channel bounce yesterday...totake it back above the key 200 day ema line...

Is this current p/b over?

I'm not a convinced Bull atm....in fact if your long you would be nervous imho...

Is that not a island reversal??
was the rally yesterday just a retest of the 200 day ema line?

I think this is going down further imvho...i'm watching it closely, waiting to see if that channel does break down...25750 i make the level.... ;)
so a lower low could well be the signal to short the brains out of this imho... :evil: :angry:

What do you folks think??

atb, wdik, dyor,
trendfriend :)
Last edit: 6 years 5 months ago by Trendfriend.
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6 years 8 months ago - 6 years 8 months ago #15863 by remo


This looks like its gonna breakout???
one to watch
Last edit: 6 years 8 months ago by remo.
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6 years 9 months ago #15765 by Trendfriend
i was in a rush earlier...the numbers are no correct...i will get these numbers right at some point : lol :lol:

200 day ema line at 25357....and this has just gapped below that level...

the 1,23 high...or lower low level is 23218....

atb, wdik, dyor,
trendfriend...

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6 years 9 months ago - 6 years 9 months ago #15761 by Trendfriend
dow - daily. (the 200 day ema line feature on the daily is actually 23318, not 23218 as printed on the chart)
uk.advfn.com/p.php?pid=chartscreenshotsh...zymGig3t9Thvuerkg%3D

watch this today(and this week)2 key levels being tested.... :whistle: :pinch:

inevitably the ftse will follow....this can off course bounce from here...but the setup looks bearish big style...

i'm all cash atm...mainly because i keep getting stopped out over last few weeks! :sick:
think might be wise to wait for a big p/b before getting on the long side on stocks again?

lets see how she rolls...

atb, wdik, dyor,
trendfriend :)
Last edit: 6 years 9 months ago by Trendfriend.

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7 years 2 months ago #15624 by Paitech
Dow Jones up by 1000 points ...!!!

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