DOW

i use a calculaor and log both open and closing prices... old fashioned...

so if you use jacks numbers... then todays big number should have been 15340...

why ?????

well 15281 - 15399 = 118 points / 2 = 59
59+15281= 15340

now if you look at todays action, it broke down from 15340 that level in futures.. on market opening it tested that level, pulled back ( put in a handle) then smashed through it ....

just one of many methods..

what a market

Hi Traderme.

They were the cash prices. Sorry for not being clear.

Thank you to all of you for your replies. I use 'Saxo' bank as my platform and their charting service.The levels for Thu 30th were 15396.9 and 15277 during market hours - 2.30 pm to 9.00 pm UK time.
I do pay $0.75 per month subscriber fee.
As the feed is for trading CFD's, numbers are for Futures.
I think it does pay to have an independent charting software package separate from the trading platform, as Remo keeps on saying

update chart... ~15257/62 > 15320/340 to watch, you can see what happened when dow failed to hold 340 (orange line) on backtest.. this will be an area to watch - inflection point should it get there...




dl.dropboxusercontent.com/u/40497882/dow_channel_Jun04v1.JPG

time ltd this week, hope everyone is all good !

just to clarify i dont think the bottom is in yet - looking for maybe a 5-3-5 formation or flat with dow tentative target of 14500 ( re-asses see nearer the time and once it take some key levels out... this rally im considering a B wave for now at least.

WaveSurfer wrote: update chart... ~15257/62 > 15320/340 to watch, you can see what happened when dow failed to hold 340 (orange line) on backtest.. this will be an area to watch - inflection point should it get there...

dl.dropboxusercontent.com/u/40497882/dow_channel_Jun04v1.JPG

time ltd this week, hope everyone is all good !

screencast.com/t/g8gqNNDP3e

That make any sense to you WS?

I missed the top of the triangle (annoyed with myself), but am short.