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2 months 3 weeks ago #18317 by remo
Replied by remo on topic DOW.
im bullish due to christmas rally due....but come new year i think i may watch really closely for a trend change...and reduce exposure on all my stocks...as markets tend to drop at the beginning of the year and then go back up after april....just be aware of this..
This just depends on what type of trader you are thou.....I suspect we are near to the peaks...as its been a good run...hence why im cautious
The following user(s) said Thank You: AdeMcG, not-just-anytradr

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2 months 3 weeks ago - 2 months 3 weeks ago #18316 by remo
Replied by remo on topic DOW.
sorry for delayed reply...was not monitoring...that trendline break was a warning sign ..But price has since moved back up above that line so now that line has to be redrawn.

Last edit: 2 months 3 weeks ago by remo.

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3 months 1 week ago #18311 by waverider2
Replied by waverider2 on topic DOW.
Hi Remo - is this a turning point for the Dow, I am watching the trend line that you put up the other day.

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4 months 1 week ago #18309 by remo
Replied by remo on topic DOW.
530000 is the target roughly for the inverse head and shoulders formation

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4 months 1 week ago - 4 months 1 week ago #18308 by remo
Replied by remo on topic DOW.
The inverse head and shoulders is actually massive on the chart...its literally the size of the whole chart...you can make out the left shoulders onn the chart at the left hand side.. .sorry I did not label it as using phone
Last edit: 4 months 1 week ago by remo.

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4 months 1 week ago #18307 by remo
Replied by remo on topic DOW.
You mean to validate...as inverse head and shoulders on the dow is bullish

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