DOW

your chart is better, TrendFriend

But! the question still stands - isn't that rising wedge? (I can't go to specsavers just yet)

Indeed, the market will ask (or be asked?) questions as it approaches the next key fib level (which might just be the 200dma).

I don't know if the "bottom" is in - lots of schools of thoughts there, but I'd not rule out another sizable correction (maybe taking us to 21k handle) before we decide to turn.

i have no idea, but watching this space, and scalping along the way in either direction. Someone has to help the local Chippy stay open!

Stay Safe People!

dow - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...BG2u31pjZyQOkkmuE%3D

looks like Libero's s&p chart...

keeps on pushing up, up and more up!

Well as the saying goes "the market is always right"

will it continue higher this week?
it looks like its at a key level at the top of the wedge...so lets see...

atb, wdik, dyor,
trendfriend

[quote=

watch that Dow spike disappear.... [/quote]

oh yes i'm watching.... is that all the bulls have got?

atb
trendfriend

chief66 wrote: The Gilead drug is an after treatment not a vaccine.

It won’t stop the spread of covid, but may help to address some of the symptoms..

www.statnews.com/2020/04/16/early-peek-a...onding-to-treatment/

exactly; and ....

Gilead’s coronavirus drug: why experts are cautious on its prospects:

www.ft.com/content/063912aa-047d-4b7f-97e7-c9cb9133264d

and....

Gilead’s Coronavirus Wonder-Drug Remdesivir Is Masking A Board Contagion

www.forbes.com/sites/jimosman/2020/04/17...-contagion-covid-19/


watch that Dow spike disappear....

The Gilead drug is an after treatment not a vaccine.

It won’t stop the spread of covid, but may help to address some of the symptoms..

www.statnews.com/2020/04/16/early-peek-a...onding-to-treatment/

remo wrote: Libero" post=16747]I understand the markets are forward thinking - and we should always trade what we see.

I thought one of the reasons the market jumped up is because Agent Orange said he's opening up the country, alongside news of Gilead, and Roche and others too.




That agent orange is one crazy fool. I’m just shocked Americans still love him even thou it’s so dam obvious he is a serial liar and a retard who will do any thing to stay in power. He does not care about the people but himself..I think the worlds gone mad recently as we have trump in america and an equal fool with boris over here. I hear people want boris Knighted for recovering from corona, even thou he was the reason UK has the worst stats in Europe for deaths related to corona due to his herd mentality idea which in the end got him the virus.

It’s crazy people that believes in people like them that are proberbly pushing the markets higher ...lol.....but once reality sets in then it will all correct as it’s just common sence.
So in the mean time you have to trade what you see and don’t get so emotional with just one side trade (short)even thou it’s obvious.

Hope everyone is keeping well in these crazy times[/quote]

If it turns out, that the Gilead Sciences vaccine doesn't work, my word, this will fall out of the sky.

Or if, as you say it, (That agent orange is one crazy fool. ) lets people back and it continues to surge, that will make things worse for the long run.

We can only watch, especially as I didn't buy anything, it stings a little