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DOW- Remo
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6 years 3 weeks ago #16191
by Trendfriend
Replied by Trendfriend on topic DOW- Remo
Hi Everyone..... 
been a while.....no time to trade and hence post....mad busy....
Hope everyone been keeping well....
dow - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...IaevQkXPxRQ0Vfkbg%3D
looks like a top is building here imvho....is it just going to be p/b or the big one??
28443 for l/low....and get those shorts in....stops are a must as always....
good luck folks....with whatever your trading atm....
atb, wdik, dyor,
trendfriend
been a while.....no time to trade and hence post....mad busy....
Hope everyone been keeping well....
dow - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...IaevQkXPxRQ0Vfkbg%3D
looks like a top is building here imvho....is it just going to be p/b or the big one??
28443 for l/low....and get those shorts in....stops are a must as always....
good luck folks....with whatever your trading atm....
atb, wdik, dyor,
trendfriend
The following user(s) said Thank You: roxalana, cautious tone
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6 years 2 months ago #16175
by remo
Ive been sitting on the sidelines for a while now on this index as its hard to trade for me as ive been expecting a down trend for a while now yet it keeps going higher.
28175 is the next resistance level.
support: 27400
The key area to watch on this index is the 200ema for me...If this goes below and stays there for a while then you could have a signal for a down trend.
But so far every attempt and staying below has caused a massive rally..
26570 is the area to watch for 200ema and also keep an eye on the trendline at 26690 this could be the first sign of a correction. if this level breaks.
28175 is the next resistance level.
support: 27400
The key area to watch on this index is the 200ema for me...If this goes below and stays there for a while then you could have a signal for a down trend.
But so far every attempt and staying below has caused a massive rally..
26570 is the area to watch for 200ema and also keep an eye on the trendline at 26690 this could be the first sign of a correction. if this level breaks.
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6 years 5 months ago #16051
by remo
This was my favourite index to trade . Now that the index is quite high i don't place as much
trades on this due to the crazy moves and wide stops required.
This has been in a sideways market for the past 2 years and it can be quite difficult to trade,
Im just waiting for a clear signal to form on this.
support...25600,,,,24718,,,,23310
resistance...26517(gap),,,,27077,,,,27398
trades on this due to the crazy moves and wide stops required.
This has been in a sideways market for the past 2 years and it can be quite difficult to trade,
Im just waiting for a clear signal to form on this.
support...25600,,,,24718,,,,23310
resistance...26517(gap),,,,27077,,,,27398
The following user(s) said Thank You: MRA4
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