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5 years 7 months ago - 5 years 7 months ago #17065 by madmaxx
Replied by madmaxx on topic DOW
Better not, but who knows, Nasdaq going parabolic asking for bubble to burst, in the menatime we almost completed 5 waves move form March low, currently in final stages of extended wave 5, wealth redistribution into gold and silver in recent days, hmm who knows. Definitely bigger correction coming to correct whole cycle from March low, if that big thing is about to happen, then war with China could be on the cards as don't think covid could do that big damage at this stage

Last edit: 5 years 7 months ago by madmaxx.
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5 years 7 months ago #17064 by Inside Informant
Replied by Inside Informant on topic DOW
Could history repeat itself?


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5 years 7 months ago #17061 by Inside Informant
Replied by Inside Informant on topic DOW
DOW breakout?


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5 years 7 months ago #17059 by Inside Informant
Replied by Inside Informant on topic DOW
Double top


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5 years 7 months ago #17047 by madmaxx
Replied by madmaxx on topic DOW
China brakeout and long term target at 22000, is it already leading the world?
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5 years 7 months ago #17045 by Trendfriend
Replied by Trendfriend on topic DOW
dow-daily
uk.advfn.com/p.php?pid=chartscreenshotsh...Vowbmjp4BUHv+DJ5I5A=

Looking at the daily chart here not for trading but for general direction....

Negative divergence on the rsi....combined with the island reversal gap still being intact....would suggest more weakness imvho....

could be argued this is having a breather after strong run form 18k to 27k....and there's no denying the US markets have been strong....so it may be a case of more sideways....imho...
break above 26400 could signal a fresh move higher....
below 24840 calls for more down....

good luck...
atb, wdik, dyor,
trendfriend :)
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