DOW

There are some similarities, it looks like one from 1930?,

dow-daily
uk.advfn.com/p.php?pid=chartscreenshotsh...qQIMA9BzK6ELu2+Duig=




anyone else think the current chart in the link (above) looks like the chart i have attached??
or maybe i'm using my imagination too much these days!

lets see what you guys think please??


nice charts guys....will take a closer look at the weekend

atb
trendfriend

Indeed MadMaxx,

Did the Fed intervene (via Blackrock - never directly) yet again and again? was this a buy-the-dip? was this Robin Hood? - I mean who buys into the end of the week to lift the market some 500-600 points - after an 1,800 point sell off the day before?

I don't know.

It's a down week but not sure about the engulfing candle on the weekly - it's a rare occurence - I though we're about to witness it again!

https://ibb.co/n8Lp39y

It looks like move completed to the down side, now abc up and down again, but to be honest this looks kind of bullish atm and i would not be surprised if it goes higher from here, but we have to wait for finish first, crazy market, one must be very quick as swings widely

Trendfriend wrote: This started from a good number today
Sets us up nicely for the close!

The bulls are going to get smashed!

Let’s see where we finish... if 25000 get broken then we should gets a big move down imvho...

atb
trendfriend

hey TF. looking good for a pull back, but pulling away from 25,000 it seems - one last stand by the short term bulls perhaps?

Have a look at this weekly S&P (obviously - there's about 90mins left for the week to finish - the cash week that is).

what do you reckon, I've not seen a bearish engulfing like this since the back end of 2018?

By all means let me have your views - i'll do one for the dow after the close.

https://ibb.co/tZwgHRf

This started from a good number today
Sets us up nicely for the close!

The bulls are going to get smashed!

Let’s see where we finish... if 25000 get broken then we should gets a big move down imvho...

atb
trendfriend