DOW

Trendfriend wrote: dow - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...hZYRoVsuacRa%2FTU%3D

I was looking for down day! but the dow held its gains well....small sell off into the close....

The dow closed yesterdays gap almost perfectly today....and the rsi held support.....for now....but tomorrows another day!

nice chart Libero...good work with that trendline!
seems like your enjoying trading the dow!

atb, wdik, dyor,
trendfriend

Hi TF,

Thank you, I'm learning from your guys!!!!

Yeah, the Dow (5min) trendline held up, until...... 8:55pm

But it did its job for a few coins (for the benevolent Fish & chips fund) within the range - i.e felt at east going short and long, just made sure I didn't hang around!

I honestly don't know where this is going - we've got more data today which will mess around with the market a bit, but I'm trying to look past bearish / bullish bias - which is very difficult to do.

I know the a lot of the bears don't want an economic or market collapse, some don't even want to short the oppertunity; rather, they simply want to get some bargains before riding the bulls high. As for the bulls? they are just nervous and only committed to a one way bet.

I'm just trying to stay out both sides' thinking and trade - but my own favoured view matches the bears looking to buy the market, with a "if it happens, it happens, if it don't, it don't" qualifier.


Stay Safe Folks!

dow - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...hZYRoVsuacRa%2FTU%3D

I was looking for down day! but the dow held its gains well....small sell off into the close....

The dow closed yesterdays gap almost perfectly today....and the rsi held support.....for now....but tomorrows another day!

nice chart Libero...good work with that trendline!
seems like your enjoying trading the dow!

atb, wdik, dyor,
trendfriend

an intra-day job, 5 min candles... but I drew that trend line back at around 2pm? it held!

the supports - well, some where drawn last night, others a while back.

Technical Analysis is scary.

Range Bound early doors

23365 - 23505 +/- 10

Starting from a very high number today.....
Wonder where it will finish the day?

Real test for this nervous market.....

I think it will end the day down Imvho....but I’ have no intention of trading it

atb
Trendfriend

Looks like bear flag has broken down: