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4 years 3 months ago #17759 by Trendfriend
Replied by Trendfriend on topic DOW.
dow - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...JkJOKr+6fX1Pcczs0SY=

short term technicals suggest more down here....at least to the key 200 day ema line and pivot level at around 33900 and 33800 area ;) ;)

Key gap below the 50 day ema line and a inside bar....that looks bearish should see more down...but i think the 200 day should hold lets see... be real panic if it doesn't! :evil: :evil:

lets see...
atb, wdik, dyor,
trendfriend
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4 years 3 months ago #17742 by remo
Replied by remo on topic DOW.
Closed my shorts as seem to be some strength around….so sitting on sidelines again with the index.
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4 years 3 months ago - 4 years 3 months ago #17739 by remo
Replied by remo on topic DOW.
Another lower low formed on the dow..
Possible 123 high formation..
Stops above 36325...
Away from computer so can't post chart

The markets have been hard to predict a top lately so be careful with shorts..Stops are a must.
I won't be liquidating my position in a hurry unless next supports break.. Also will hold onto my pharmaceutical companies and green ones...
Last edit: 4 years 3 months ago by remo.
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4 years 5 months ago #17704 by waverider2
Replied by waverider2 on topic DOW
This keeps see sawing and i am watching the support line which seems to be insupport from July. I am still in favour of looking for opportunities to short. It seems to be selling off every time it goes up

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4 years 5 months ago - 4 years 5 months ago #17664 by remo
Replied by remo on topic DOW
looks like a 123 top formation ? , also recently broke the main up trendline from march 2020.
Due to this i have closed most of my long positions apart from a few that i hold for long term.
Calling the top is a hard thing to do in this crazy world we are currently living in so bear that in mind.
DYOR
remo






Im currently short on the dow.
Last edit: 4 years 5 months ago by remo.
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4 years 7 months ago #17647 by Trendfriend
Replied by Trendfriend on topic DOW
dow - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...ptLh5EgaZUrL9mqKY%3D

One issue with the dow is the index has become a very big number....and it does big number one moves almost daily but in percentage terms its only a few percent! ;)

This looks like its done a higher low and should push on imvho....

i don't like the dow or the US markets or the Fed!
i think its all a fix imho. ;) and anyone shorting will be shredded in not time....but when this all crashes its going to be the biggest stock market crash in history imho.... and that day is getting closer.

i think around mid 2022...but its only a hunch and wdik.... :whistle: :whistle: ;)

atb, wdik, dyor,
trendfriend :)
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