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DOW
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5 years 11 months ago - 5 years 11 months ago #16788
by Trendfriend
Replied by Trendfriend on topic DOW
dow - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...R57abSDbJubngCRoA%3D
i don't know if that is a wedge or not tbh....but it is a trendline for sure....and we have closed below it...
so the first sign of any real weakness....
2 key things to look out for, we have only once had 2 down days in a row (in the red circle) since the low...
tomorrow if we get 2 and then 3....sign of change in sentiment again....
Watch the rsi imho...needs to break below the support line for real momentum in this move....
lets see...
atb, wdik, dyor,
trendfriend
uk.advfn.com/p.php?pid=chartscreenshotsh...R57abSDbJubngCRoA%3D
i don't know if that is a wedge or not tbh....but it is a trendline for sure....and we have closed below it...
so the first sign of any real weakness....
2 key things to look out for, we have only once had 2 down days in a row (in the red circle) since the low...
tomorrow if we get 2 and then 3....sign of change in sentiment again....
Watch the rsi imho...needs to break below the support line for real momentum in this move....
lets see...
atb, wdik, dyor,
trendfriend
Last edit: 5 years 11 months ago by Trendfriend.
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5 years 11 months ago #16796
by Jackozy
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5 years 11 months ago #16803
by Trendfriend
Replied by Trendfriend on topic DOW
Starting from a very high number today.....
Wonder where it will finish the day?
Real test for this nervous market.....
I think it will end the day down Imvho....but I’ have no intention of trading it
atb
Trendfriend
Wonder where it will finish the day?
Real test for this nervous market.....
I think it will end the day down Imvho....but I’ have no intention of trading it
atb
Trendfriend
The following user(s) said Thank You: Libero
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5 years 11 months ago #16804
by Libero
The following user(s) said Thank You: Trendfriend
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5 years 11 months ago #16806
by Libero
The following user(s) said Thank You: longterm_view, Trendfriend
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5 years 11 months ago #16807
by Trendfriend
Replied by Trendfriend on topic DOW
dow - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...hZYRoVsuacRa%2FTU%3D
I was looking for down day!
but the dow held its gains well....small sell off into the close....
The dow closed yesterdays gap almost perfectly today....and the rsi held support.....for now....but tomorrows another day!
nice chart Libero...good work with that trendline!
seems like your enjoying trading the dow!
atb, wdik, dyor,
trendfriend
uk.advfn.com/p.php?pid=chartscreenshotsh...hZYRoVsuacRa%2FTU%3D
I was looking for down day!
The dow closed yesterdays gap almost perfectly today....and the rsi held support.....for now....but tomorrows another day!
nice chart Libero...good work with that trendline!
seems like your enjoying trading the dow!
atb, wdik, dyor,
trendfriend
The following user(s) said Thank You: longterm_view, Libero
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