DOW

There has been a 123 low on the Dow daily...
I’m currently long but it’s only for the short term as remember, bear markets last around 6-9 months minimum...and it’s no way over just yet....there is way to many bad news out there and America is in a bad place currently and very likely to fall once they realise how bad they are ...
Even if we have seen the worst of the virus in Europe it’s done the damage to the world economy so the effects will only be seen in the next few quarters so very doubtful that we have bottom just yet...
I’m currently long and will go short at the fibs...

Paitech it certainly seems like that way with some certain to bounce but stocks pulling away from the lows..
I too have been waiting for the Dow to touch circa 18000 before I dive in..

It may not happen?

However I think from an economic point of view the sh1t has yet to hit the fan..it may we’ll be another 4 to 8 weeks before lock downs are removed or loosened, and add it second wave of viruses, you looking at a fair bit of destruction, job losses around the world..

The 20% bounce in prices may we’ll still come down, at least I think and hope so..

Anybody else think Covid-19 was man made, an accident gone terribly wrong?

Stay safe,

According to me, the fear is getting lesser....and as I said before, most hit the lows ....
Missed BP in 220s,GEN,GKP all flying
I think banking share may give another closer to low chances....
Really short on funds and feeling gutted for lack of funding

I don’t know what will happen, what I do know, is today I have funds for shares, and they have gone sky high.

I was after some gems. (I did buy some long term shares, we call them that, after you buy them and they go down!!)

Sitting on my hands.

I hope Remo is right, otherwise

dow - daily
uk.advfn.com/p.php?pid=chartscreenshotsh...J7mDIgf+XSc4KQh73V8=

strong rally to start the week...
will the dow hold on to the gains this time?

all eyes on the 20 day ema line and the rsi...if both b/out and close above resistance then 24227 the 50 ema line may well be the target....

A lot of the the indicators are mixed....but above 22595 would be a higher high....and possibly a sign the the low is in!

Although this could still stay range bound below the 200 day ema line for some time....lets see...
still think it will fail here but wdik...

atb, wdik, dyor,
trendfriend

Horrible Jobs number (thoughts with familes accross the pond).

But the markets shrug it off (even though it's a sign of worse to come).



watching with care.