DOW

nice move up and imo coming into completion, then expecting choppy sideways move down (not a fast waterfall that was seen in the move down from highs) to retest the lows to complete a Flat correction - probably sometime in Aug2020. Dow is KEY.

hope all well and stay safe folks !
WS

Anyone got the latest chart?

dow - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...IFrbD70BzraZiSe3d8w=

be interesting to see how this closes imvho....
second gap down today this time below the 20 day ema line....but will it close below or rally and close the gap!!

the rsi is still holding trendline support and the neutral 50 level....

really is bulls vs bears tug of war....today could well decide who wins the fight for the next leg imvho....
this has rallied up to retest the 20 day ema line today just below 23600....and failed....

atb, wdik, dyor,
trendfriend

madmaxx wrote: Hi, since there is 5 waves move up, i think it could do double correction or even go to new highs(it would make no sense but we live in strange world so who knows), just an idea

Madmaxx,

good to see you man! the ol' gang is coming back one by one

let's hope CT, RedChilly, WaveSurfer, Greville and the gang stop by!

On the Dow, yep, two down days and this session looks under attack - it's not pretty, but it's a trader's dream.

Has the 20 day and 50 day moving average just crossed over, suggesting a bearish market move?

Hi, since there is 5 waves move up, i think it could do double correction or even go to new highs(it would make no sense but we live in strange world so who knows), just an idea