DOW

Hi Inside informant - I got 28400, but your chart could be more accurate!

it's getting silly now isn't it. I mean for all the talk of the markets being forward thinking, then was this "forward thinking" everytime we had a decline? But more to the point, how can the markets be forward thinking if central banks (and to some extent) governments are pulling out all the stops to delay what will happen.

It's a strange world indeed!

Anyway, ready to go short this week - but as a note to self, I must start looking more closely at the S&P rather than the Dow which is too wild.

THAT GAP AT THE TOP IS GETTING FILLED!
IF THERE IS GOING TO BE A PROFITABLE DJI SHORT, IT IS AT 28402.9$!

Yep.... good point MM
Some nice charts Libero!
For these golden and death crossovers the strongest move comes in the build to the crossover imvho
It’s the same for individual stocks as well.....

Once the crossover happens you do often get a reversal....

I think the real economic impact is still come with all of this.
With furlough due to end soon.... can companies afford to keep staff?

Let’s see....for the Dow it will all depend how willing the fed is to come up more cash .

atb
Trendfriend

Look what happened when bearish death cross happened

Golden cross has formed on the DOW, this is a bullish scenario.

www.marketwatch.com/story/a-bullish-gold...ustrials-11596740412

Hey folks,

Hope you're keeping well.

I've been meaning to do some meaningful analysis on the markets - alas time is unforgiving.

Also been scalping every now and then - but still on the sidelines more - which is burning me up!

anyway, for the past few sessions, i've found that buying on the floor area (took the green line as a light house) has been working well.

buy at support / selling where ever the gut-risk feels like - until it no longer works - in either direction.

Anyway, not advice or anything as the usual disclaimers say, just putting it out there.


Dow Hourly

https://ibb.co/RNk8QXK