DOW

The Dow looks like its changed the trend to a new up trend.
It had 123 low breakout a few weeks ago, also had triangle breakout, also saw diamond breakout in lower time frames.
It’s looking like the bear market may have ended…
Bear markets normally max out at around 9 months….its been 9 months now so hoping we have seen the end…fingers crossed..
DYOR
Remo

Wait and see then.

I'm in cash, so waiting to pick up the bargains.

Nice to hear from you.

The chat is non existant.

I think it will fail imvho...
We do need the market to tell us and confirm the breakdown. I think many a trading account will get wiped out finding out.

Volatility will be mad...expect the bulls and the fed to put up a fight....but with inflation gone bonkers can the fed keep pumping these markets??
So it seems a good possibility the game is up for the yanks....and they take the other markets down with them?

Lets see..

atb, wdik, dyor,
trendfriend

Trendfriend, nice to hear from you and start looking at charts again.

Do you think the 29500/29600 will hold, or we are going to re-test the covid lows?

What do you think?

bull vs beras battle ongoing pretty close to the key support at 29500/29600 imvho.
If those numbers go....my oh riley..

i think the covid lows could well be retested imvho..

atb, wdik, dyor,
trendfriend

DOW under 30k.