- Posts: 262
- Thank you received: 0
DOW
Less
More
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
Please Log in or Create an account to join the conversation.
Less
More
- Posts: 1648
- Thank you received: 1
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....
but it is what it is...
atb, wdik, dyor,
trendfriend
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....
atb, wdik, dyor,
trendfriend
Please Log in or Create an account to join the conversation.
5 years 3 months ago #17261
by Ronmould
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.
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.
The following user(s) said Thank You: Trendfriend
Please Log in or Create an account to join the conversation.
Less
More
- Posts: 1648
- Thank you received: 1
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
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.
The following user(s) said Thank You: Ronmould
Please Log in or Create an account to join the conversation.
Less
More
- Posts: 262
- Thank you received: 0
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....)
The following user(s) said Thank You: Trendfriend
Please Log in or Create an account to join the conversation.
5 years 3 months ago #17258
by Paitech
The following user(s) said Thank You: Trendfriend
Please Log in or Create an account to join the conversation.
Moderators: remo
Time to create page: 0.121 seconds
