DOW

Shorts standing by F4T roll on mon

Everyman and his dog will short at 20,000 or just below. Beware!

First time ive seen it change bearish on this indicator for a long while. Only thing is, the Christmas rally may mess this up.


dl.dropboxusercontent.com/u/4899609/2016-12-16.png

I'm out at 19010. See you next year.

Yep will post when i see this change

Trendfriend wrote: Hi Remo,

Looks good, any chance you could post a chart when you see a change in trend please?

Dow daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...xoTqaAZvxNOFbViMcR4=

After all the fun games of the election, this rallied back strongly and tested the highs yesterday, and break and weekly close above 18672, could see it rocket, a target as high as 20,000 dow is showing quite possibly by year end....

Only a drop below the 200 day ema line currently at 17935, would cancel or delay the bull argument, and a retest of that level cannot be ruled just yet.....

atb, wdik, dyor, keep safe folks.
trendfriend

Hi Remo,

Looks good, any chance you could post a chart when you see a change in trend please?

Dow daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...xoTqaAZvxNOFbViMcR4=

After all the fun games of the election, this rallied back strongly and tested the highs yesterday, and break and weekly close above 18672, could see it rocket, a target as high as 20,000 dow is showing quite possibly by year end....

Only a drop below the 200 day ema line currently at 17935, would cancel or delay the bull argument, and a retest of that level cannot be ruled just yet.....

atb, wdik, dyor, keep safe folks.
trendfriend