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5 years 3 months ago #17272 by waverider2
Replied by waverider2 on topic DOW
Very interesting Trendfriend. There is a high possibility of break out and then you wonder where it will stop. The other thinking is that the big move recently could reverse to form the wide side way move. We will see

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5 years 3 months ago #17266 by Trendfriend
Replied by Trendfriend on topic DOW
dow - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...VpiO+QdkpTojYPyGiJU=

dax - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...4mNeT+KiENFT8PVdBag=

ftse - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...uG+KURipEUUu5T/Mxyk=

no stopping these markets.....standing in the way of bulls is dangerous.....
All 3 main indices showing bull flag consolidation.....and for the dow it looks like a higher high and breakout form the flag....could well be the start of the next leg up.... ;) ;)
careful if your short....maybe time to hedge....
if your long enjoy the rally...

crazy markets imho.... :ohmy: but it is what it is...
atb, wdik, dyor,
trendfriend :)
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5 years 3 months ago #17261 by Ronmould
Replied by Ronmould on topic DOW
Assume that's the pattern II was looking at the other day.

Pullback to fill the gap would seem likely, question is does it carry on or reverse from there and then breakout if the wedge is in play.
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5 years 3 months ago - 5 years 3 months ago #17260 by Trendfriend
Replied by Trendfriend on topic DOW
dow - daily
uk.advfn.com/p.php?pid=chartscreenshotsh...zlTYYLcaEJGWfQZpM%3D

Vaccine news could well be largely priced in these markets now.....this failed to make and hold above a higher high...
I think this broadening triangle is in play imvho..... ;) ;)

lets see...
atb, wdik,dyor,
trendfriend :)
Last edit: 5 years 3 months ago by Trendfriend.
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5 years 3 months ago #17259 by waverider2
Replied by waverider2 on topic DOW
Feels like a pump to test double top from recent sell off point...(also looks like batman....)
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5 years 3 months ago #17258 by Paitech
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