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S&P 5007,623.68down −0.52%Nasdaq25,955.34down −0.21%Dow52,215.16down −1.23%DAX25,181.65down −0.75%GBP/USD1.3375down −0.15%EUR/GBP0.8376up +0.06%Brent111.70up +2.80%Gold4,007.9down −1.29%Bitcoin80,474down −0.75%Prices at 11:27
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13 years 10 months ago #2213 by WaveSurfer
Replied by WaveSurfer on topic DOW
looks like 5 wave down from recent high to lows in a wave "a", followed by a "b" wave rally - current and final "c" wave to follow imo.

in addition 5 clear impulsive waves from 16th Nov...

will post chart

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13 years 10 months ago #2203 by remo
Replied by remo on topic DOW
This is approaching the short term trend line on the hourly chart.
Im gonna go long at 12950 with a 30 point stop.



dyor
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13 years 11 months ago #559 by Ocean10
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13 years 11 months ago #555 by Ocean10
Replied by Ocean10 on topic DOW
Could not upload image for some reason, here is the link:
www.dropbox.com/s/7h78jv59wufrb0y/Dow%20PM%2024.10.12.gif
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13 years 11 months ago #554 by Ocean10
Replied by Ocean10 on topic DOW
Some believe that TA is closely link to identifying waves pattern since pattern repeat itself. This is where I may need help from more experienced chartists. The hourly DOW chart below is showing repeating pattern. It is possible that my labeling is wrong as I'm trying to learn EW. It seems to me that we are now likely to see a bit of upside over the next few days. Please feel free to put me right if the chart is misleading. Thank you.

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13 years 11 months ago #541 by madmaxx
Replied by madmaxx on topic DOW
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