DOW

I used to look forward to the Remo heads up messages...e.g. careful with new longs !

This looks set up for a March leg down..macro economically the growth figures for Q4 2020 and those who have "dared " to provide forward looking guidance does not support stocks at these levels...its the free money and in this instance the FED that is driving things...how can you possible accurately value things with such wild inaccuracies at play in these markets?

So again trying to get some clues from the leading indices (US tech 100 one of them) and Gold

So for the Dow i have the following points as numbers to watch to validate a potentially bearish position...

1. 31244
2. 31153
3. 30819

Comments welcome (like the good old days, where everyone was throwing in charts and supports and resistance)

Hi all,

attached my DOW chart...Will it stop at 30000?

ta
G
Good weekend all

This will fly high on Monday

www.bbc.com/news/world-us-canada-56221371

This is interesting - however it is a nice catalyst for short covering and short term bounce.
Point to note - the Nasdaq was the lead indicator for a long time and the trend line has recently broken and not recovered .

The Dow is on the ling term upward trajectory but there is an opportunity to get into some lower price in my opinion.

The price action during the last hour on Friday last week very interesting to say the least.

I might be shot down for saying this but I am temporarily looking for opportunities to go short

I have got the following resistance points for the Dow:

- 31200, 31400, 31600 and 32000

Anyone care you post their numbers here ?

Many thanks
Warren