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DOW
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11 years 2 weeks ago - 11 years 2 weeks ago #12195
by WaveSurfer
Replied by WaveSurfer on topic DOW
870/820 dow to watch on pullback, max 806,anything below that need to wait for dow to get abv... or spx 2066 in market hours.... would not like to see a pullback any deeper than that...
1-2, 1-? (2), - 3 boom
1-2, 1-? (2), - 3 boom
Last edit: 11 years 2 weeks ago by WaveSurfer.
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11 years 1 week ago #12215
by WaveSurfer
Replied by WaveSurfer on topic DOW
Dow motors on this is just the start....
expecting another pullback down towards the 18020/800 level, if gets below that then 951 n 916. imo the next 1 or 2 pullback to this level will be the last chance before the rockets fire off to the moon n beyond...
key levels for next week....
18290/88, 202, 103, 18054, 18020/00, 17991,951, 916, **840/820**
stops below 820 now and line in the sand.
Dyor - all imho.
WS
expecting another pullback down towards the 18020/800 level, if gets below that then 951 n 916. imo the next 1 or 2 pullback to this level will be the last chance before the rockets fire off to the moon n beyond...
key levels for next week....
18290/88, 202, 103, 18054, 18020/00, 17991,951, 916, **840/820**
stops below 820 now and line in the sand.
Dyor - all imho.
WS
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10 years 11 months ago #12247
by remo
Im gonna short the dow if it breaks 17579. If this level breaks then the dow can really drop so be careful. 
dl.dropboxusercontent.com/u/4899609/dow2ndapril2015.png
dl.dropboxusercontent.com/u/4899609/dow2ndapril2015.png
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10 years 11 months ago - 10 years 11 months ago #12248
by Richb
Remo...
Lower lows and if it breaks that trend line are you expecting this is the start of the correction ?
Lower lows and if it breaks that trend line are you expecting this is the start of the correction ?
Last edit: 10 years 11 months ago by Richb.
The following user(s) said Thank You: Libero
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10 years 11 months ago - 10 years 11 months ago #12256
by remo
Hi rich
If it does go below the recent low then id expect it to head towards the 200 ma first. If that dont hold then the dow could head towards the main uptrendline.That trend line is the main important support for dow as long as it stays above that then bullish still.
If it does go below the recent low then id expect it to head towards the 200 ma first. If that dont hold then the dow could head towards the main uptrendline.That trend line is the main important support for dow as long as it stays above that then bullish still.
Richb wrote: Remo...
Lower lows and if it breaks that trend line are you expecting this is the start of the correction ?
Last edit: 10 years 11 months ago by remo.
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