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9 years 4 months ago - 9 years 4 months ago #14280 by remo
Replied by remo on topic DOW
New expert on metastock 15, Sectorstat. Its good for direction of markets
Click image to enlarge ;)

dl.dropboxusercontent.com/u/4899609/Scre...11-09%2018.47.42.png

The blue arrow indicated a buy signal a few days ago and red arrow indicates sell signals.Above zero on the oscilators is bullish.
This indicator looks effective in trending markets and less so in trading ranges.
Last edit: 9 years 4 months ago by remo.
The following user(s) said Thank You: Trendfriend, Paitech

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9 years 4 months ago #14267 by Trendfriend
Replied by Trendfriend on topic DOW
dow.
uk.advfn.com/p.php?pid=chartscreenshotsh...FnglO0vkB7Bh2Zbd4%3D

ftse.
uk.advfn.com/p.php?pid=chartscreenshotsh...7h2enQJghn4r6j66s%3D

dax.
uk.advfn.com/p.php?pid=chartscreenshotsh...1pBHIl0KwmzglVF4s%3D

Just wanted to show, the rsi on all 3 index's today.
All of them are testing the rsi support from Jan 16.
In addition the dow, and dax both testing the 200 day ema line.

a break below, or down move today would be a disaster, imvho.
fan, s***(the brown stuff), and hit comes to mind.

It should hold and push on form here, but lets see....and anyway wdik....
gotta run now..

atb, wdik, dyor,
trendfriend

n.b these charts were from yetserday close, so the ftse, dax would have broken below those key rsi levels now. :evil: :pinch:
The following user(s) said Thank You: MRA4, Amo

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9 years 4 months ago #14261 by Trendfriend
Replied by Trendfriend on topic DOW
It's also Halloween!! :evil:

be careful i make 17930 a key level. just my opinion.

atb, wdik, dyor,
trendfriend

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9 years 4 months ago #14259 by charts
Replied by charts on topic DOW
Could be volatility while Thursdays election is still upon us, then push towards the highs again.
After all it is Christmas!

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9 years 4 months ago - 9 years 4 months ago #14258 by Trendfriend
Replied by Trendfriend on topic DOW
dow daily. (chart is from yersterday)
uk.advfn.com/p.php?pid=chartscreenshotsh...NexXxQmIiZfwzTBUc%3D

well i'm not quite as keen as you charts! :dry: :huh:

Bulls still in charge but only just, 19930 gives the bears the upper hand imvho :pinch: ...but wdik
failure of the overhead resistance t/line may well have been a near term top??

atb, wdik, dyor.
trendfriend
Last edit: 9 years 4 months ago by Trendfriend.

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9 years 4 months ago #14257 by charts
Replied by charts on topic DOW
Happy to go long at 17985.

November invariably a 'good' month.

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