DOW

dow - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...8bx+5HrXM5sT3X1GJlI=

you have this support from Dec 2018

dow - daily close up.
uk.advfn.com/p.php?pid=chartscreenshotsh...8CxLnPXryWQT5r6tCLM=

no real pattern or logic in these markets....when you thin its going down it goes up and vice versa...
does seem to be retesting key levels and then moving down....

so more of a controlled fall rather than the free fall we had in the first move down...
the rsi is bang on resistance if it doe so up today...and we could well get a decent rally...
it does look like it will gap down from the futures...how big will the gap be??

atb, wdik, dyor,
trendfriend

Horrible Jobs number (thoughts with familes accross the pond).

But the markets shrug it off (even though it's a sign of worse to come).



watching with care.

dow - daily
uk.advfn.com/p.php?pid=chartscreenshotsh...J7mDIgf+XSc4KQh73V8=

strong rally to start the week...
will the dow hold on to the gains this time?

all eyes on the 20 day ema line and the rsi...if both b/out and close above resistance then 24227 the 50 ema line may well be the target....

A lot of the the indicators are mixed....but above 22595 would be a higher high....and possibly a sign the the low is in!

Although this could still stay range bound below the 200 day ema line for some time....lets see...
still think it will fail here but wdik...

atb, wdik, dyor,
trendfriend

I don’t know what will happen, what I do know, is today I have funds for shares, and they have gone sky high.

I was after some gems. (I did buy some long term shares, we call them that, after you buy them and they go down!!)

Sitting on my hands.

I hope Remo is right, otherwise

According to me, the fear is getting lesser....and as I said before, most hit the lows ....
Missed BP in 220s,GEN,GKP all flying
I think banking share may give another closer to low chances....
Really short on funds and feeling gutted for lack of funding

Paitech it certainly seems like that way with some certain to bounce but stocks pulling away from the lows..
I too have been waiting for the Dow to touch circa 18000 before I dive in..

It may not happen?

However I think from an economic point of view the sh1t has yet to hit the fan..it may we’ll be another 4 to 8 weeks before lock downs are removed or loosened, and add it second wave of viruses, you looking at a fair bit of destruction, job losses around the world..

The 20% bounce in prices may we’ll still come down, at least I think and hope so..

Anybody else think Covid-19 was man made, an accident gone terribly wrong?

Stay safe,