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9 years 2 weeks ago #14467 by Ocean10
Replied by Ocean10 on topic DOW
Good morning

The DOW keeps going up with new highs, on the daily chart lower highs can be observed on the RSI. Could this be a sign of a breakout.

If we see a downside breakout from the apex triangle, the first piece of support sits at the recent low 19,750. The majority of decent support lies down at near 18,700.

DYOR, Good luck..

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9 years 1 month ago #14434 by Trendfriend
Replied by Trendfriend on topic DOW
dow daily.

uk.advfn.com/p.php?pid=chartscreenshotsh...FRlgjzjAHQhKA1fag%3D

careful with shorts here imvho, looks like a bull flag breakout to me at 19915.

this should now make new highs, lets see.

atb, wdik, dyor,
trendfriend
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9 years 1 month ago #14425 by Ocean10
Replied by Ocean10 on topic DOW
Hi Everyone, happy new year.
IMO DOW is approaching an interesting level, if a breakout is observed at around 19675 it is very probable further downside will be seen.

Tried to post chart but unsuccessful, hope this link works.

www.dropbox.com/s/t6ou0bbihbjyy0d/dow%20daily.png?dl=0

DYOR...
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9 years 1 month ago #14423 by Monkeyz
Replied by Monkeyz on topic DOW
Getting close to a key level. Short from 18809.

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9 years 1 month ago #14403 by skipper10
Replied by skipper10 on topic DOW
Shorts standing by F4T roll on mon

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9 years 2 months ago #14371 by Food4Thought
Replied by Food4Thought on topic DOW
Everyman and his dog will short at 20,000 or just below. Beware!

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