Wednesday 16 October 2013

Not many words more charts

3 comments :

  1. in this bull market would you agree that the top blue line in the Dow chart(which has been touched 5 times)would be broken through the lucky 6th?This could be quite a last 2 1/2 months up from here....like the 1990s again.

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  2. I agree....the 1990s are back.These last two and a 1/2 months should take us through the top blue line(hit 5 times already on the Dow chart).Agree?Its amazing.

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  3. It is a rising resistance and breaking that up would be very hard due to double negative divergences it has created. But this market has gone insane so I live the days as they come. As long as I see channels break up/down I change my trades.

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