DOW

i do indeed, sorry typo. the 200 day @ 16591, is vital here.

Thanks charts

Hope you mean 16591 not 15591.

uk.advfn.com/p.php?pid=chartscreenshotsh...symbol=DJI%5EI%5CDJI
Look out for 15591, the 200 day on the Dow. should the next support.

This had held the 200 day(bar some bear trap some small breakdowns) for a long time.
uk.advfn.com/p.php?pid=chartscreenshotsh...symbol=DJI%5EI%5CDJI

If that level breaks down, and we spend 4/5 days below it, i think i'm right in saying the whole market is due a big coreection imho, and we should all turn into big grizzly Bears!
Regards,
Trendfriend.

Nice patient trading trend friend.

Long @ 16672.

Broke below, but bounced back nicely
Stop moved to profit

Regards,
Trendfriend.

You'd have to go back to Aug 2011 to find price action like the past three sessions (DOW)

And that was the resumption of the bulls after a big correction. This time, it might be the start of a correction after a big rally. It's all in the price-action folks.




Price Action wild swings...

Exhibit A:



Exhibit B:



Just sayin...

(might be something, might be nothing, but where's the harm in disclosure eh!)