DOW

Hello Fellow traders and investors -

This move up should not really be a shock - see my post below, expect the unexpected pump, to near recent highs (LH), also close that small gap yesterday - notice how dow is pivoting in that gap range... also negative diver forming on on the hourly.

- still expect he market to move down- whilst those that keep changing their narratives, mine remains firm.

eventually would like to see dow hold 25000 or we see a move down to the march lows. if it can hold 25k - then this thing can become really bullish. so if you short, good time to take coin and hedge your short position.

an outlier is their is wedge forming now which could see a final move up to 30,000 dow before a final collapse.

trade well, keep taking coin and dont chase or you'll lose your pants. there will always be an entry

Trendfriend wrote: short order in at 28600....with 150 point stop(for now).

lets see...will be the first trade here for a while.
atb
trendfriend

Bravo to you good Sir!

Seriously man, I'm all frozen here - can't work these markets out!

short order in at 28600....with 150 point stop(for now).

lets see...will be the first trade here for a while.
atb
trendfriend

unrelenting rally....

(yeah, I missed it, doh! )

Too much analysis and dithering and not enough action on my part I must admit! It's just that the markets (Dow in this case!) look really extended - I'd hate to be holding the bag! but what do I know!

Actually i hadn't noticed that MI had flipped since last time I looked so that would put Biden in the lead.

Ronmould wrote: You've got to love the DOW, could take days or even weeks to work out who the president is, all with a pandemic reaching a critical point - still pumping


...I don't get why Biden is Favourite - if you look at the split on remaining college seats it looks like Trump is ahead to me.
but I don't really get the US system!

The US system is a headache, as an amateur historian, I enjoyed learning about it, but I also learnt is that like any other system it is susceptible to all sorts of issues.

As it stands, Trumps leads and but also needs to hold that leads on GA, PA, NC - and take MI or Wisconsin, if he is to stay in the White House. The odds are against him, but so much to consider...

Now, on the dow - hell, I don't know anymore - side-stepping this baby, but can't say I got out clean over the past 3 days either!

It be could that there's a dump coming - and right now, the dumb money is being sucked in with all the Biden / Harris will save the world stuff (come on, neither side can or have done much!)