- Posts: 3158
- Thank you received: 0
DOW
4 years 4 months ago - 4 years 4 months ago #17739
by remo
Another lower low formed on the dow..
Possible 123 high formation..
Stops above 36325...
Away from computer so can't post chart
The markets have been hard to predict a top lately so be careful with shorts..Stops are a must.
I won't be liquidating my position in a hurry unless next supports break.. Also will hold onto my pharmaceutical companies and green ones...
Possible 123 high formation..
Stops above 36325...
Away from computer so can't post chart
The markets have been hard to predict a top lately so be careful with shorts..Stops are a must.
I won't be liquidating my position in a hurry unless next supports break.. Also will hold onto my pharmaceutical companies and green ones...
Last edit: 4 years 4 months ago by remo.
The following user(s) said Thank You: Trendfriend, Paitech
Please Log in or Create an account to join the conversation.
4 years 4 months ago #17742
by remo
Closed my shorts as seem to be some strength around….so sitting on sidelines again with the index.
The following user(s) said Thank You: Elena Saratov, Paitech
Please Log in or Create an account to join the conversation.
Less
More
- Posts: 1648
- Thank you received: 0
4 years 4 months ago #17759
by Trendfriend
Replied by Trendfriend on topic DOW.
dow - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...JkJOKr+6fX1Pcczs0SY=
short term technicals suggest more down here....at least to the key 200 day ema line and pivot level at around 33900 and 33800 area

Key gap below the 50 day ema line and a inside bar....that looks bearish should see more down...but i think the 200 day should hold lets see... be real panic if it doesn't!

lets see...
atb, wdik, dyor,
trendfriend
uk.advfn.com/p.php?pid=chartscreenshotsh...JkJOKr+6fX1Pcczs0SY=
short term technicals suggest more down here....at least to the key 200 day ema line and pivot level at around 33900 and 33800 area
Key gap below the 50 day ema line and a inside bar....that looks bearish should see more down...but i think the 200 day should hold lets see... be real panic if it doesn't!
lets see...
atb, wdik, dyor,
trendfriend
The following user(s) said Thank You: Paitech
Please Log in or Create an account to join the conversation.
4 years 3 months ago #17761
by Paitech
That was a perfect call TF, DOW boucned off the 200dma..perfectly
But as I was watching it live, was scared to take any long positions, as most analysts were expecting it going below 200dma
Now today market is back up, dow at 35750!!!
What I am not sure is how to make a call on live time....
now when I look back, chart looks perfect, bounce... but taking that call to buy around 200dma wasnt there from me!!
But as I was watching it live, was scared to take any long positions, as most analysts were expecting it going below 200dma
Now today market is back up, dow at 35750!!!
What I am not sure is how to make a call on live time....
now when I look back, chart looks perfect, bounce... but taking that call to buy around 200dma wasnt there from me!!
The following user(s) said Thank You: Elena Saratov
Please Log in or Create an account to join the conversation.
Less
More
- Posts: 262
- Thank you received: 0
4 years 2 months ago #17770
by waverider2
Replied by waverider2 on topic DOW.
I am now short on the Dow. The candle stick today is terrible . Any views ?
Thanks
Thanks
The following user(s) said Thank You: remo
Please Log in or Create an account to join the conversation.
Moderators: remo
Time to create page: 0.240 seconds
