DOW

finished at 16739.95

www.dropbox.com/s/qmtotfzz2xqkk41/DJ30_D...6thsept2015.png?dl=0

Yep, nice move up on markets.
Not a good idea to trade indices on Fed days due to the volatility.

Regards,
trendfriend.

broke it's trendline with volume

www.dropbox.com/s/dfnqpyxb8uuu8ts/DJ30%2...ine%20break.png?dl=0

Im gonna look to short the dow at the short zone , Back test of hourly trend line and 200ema based on hourly chart. This zone is roughly around 16615 and will change hourly.
Im expecting bigger moves down soon. I dont think the down moves are finished just yet.The move back up that we had could have been just an abc move of a correction so if that is the case then a bigger fall is coming.
I could be so wrong so take with a pinch of salt


dl.dropboxusercontent.com/u/4899609/dow21stsept2015.png

So close yet so far , It came within 40 points of my perfect short area. dam.
I hate it when that happens and then in plummets. Typical

remo wrote: Im gonna look to short the dow at the short zone , Back test of hourly trend line and 200ema based on hourly chart. This zone is roughly around 16615 and will change hourly.
Im expecting bigger moves down soon. I dont think the down moves are finished just yet.The move back up that we had could have been just an abc move of a correction so if that is the case then a bigger fall is coming.
I could be so wrong so take with a pinch of salt

dl.dropboxusercontent.com/u/4899609/dow21stsept2015.png

I think your right Remo, this will open below the bear flag and main trendline today on the weekly...
uk.advfn.com/p.php?pid=chartscreenshotsh...%3D&symbol=DJI^I\DJI

this looks it it wants to dump hard imho....

Reagrds,
Trendfriend.