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Small long Dow at 24900 … will be out at 25000
A 100 pts profit seems possible.
Never give up, never surrender.
Small long Dow at 24900 … will be out at 25000
A 100 pts profit seems possible.
Out at 25000
I think it took longer to log in and post !!
Never give up, never surrender.
Well my new project has had mixed results.
Overall I have to be happy with it but I am a hard
task master and strive for 90% strike rate.I would like to rework some of my rules and prepare
for a larger financial pot and trade size in 2019.Never give up, never surrender.
Lastnight I said that I thought the Dow was S1L
and we would either see a new lod or spill
down today.Well either way we went lower so a good trade
even if the STD call was wrong.Today we could be looking at S2H with spill
down or a normal S2L.I guess we see where the Dow is trading after
the initial 2hrs or at the close.As tepid ( Bill Blount ) told us, the rules
are subject to ‘strong’ or ‘weak’ markets.Never give up, never surrender.
Bigger picture it is harder to make a Dow bullish
pattern if we go below 24800 in rth today.Never give up, never surrender.
Bigger picture it is harder to make a Dow bullish
pattern if we go below 24800 in rth today.We have broken that line in the sand.
Now even allowing for the robots taking markets beyond
some of the trading limits we knew when younger, it
would take a big rally like last week to pull
this away from the bears, imho.Never give up, never surrender.
The bounce is very good and we may see today’s opening
gap closed but I don’t like the breach of Dow 24800I will short Dow 25300 if we get there tonight or if
we stall then I will short Dow 25200Small trade size only just in case we do rally this
week up to the 0.5 fib level (above 25900).Never give up, never surrender.
Why don’t you like the breach of 24800 Cimac?
I know bear market have vicious rallies . Not sure about this as multiple down days and this recovery. Could spill over into tomorrow.
I find it very difficult to hold a swing.
Hi kitsu
Unless this action is part of some irregular
flat or ‘abc’ retrace then that breach will
come back into play. We would have to go
and retest it this week to be bearish.Never give up, never surrender.
Dow traders will be looking at the rally
from today’s lod to wherever it ends
for clues to what may come next.Never give up, never surrender.
yes faded that 25290 ( Below Gap, and round number ) for 2o pips .
Too scared to hold longer as this looks very bouncy for now.
Yes be nimble.
We should find out tomorrow or thursday latest
exactly what today’s fall and rise are and
how they fit into the waves / pattern.I will not hold if my 25300 is a poor entry.
Bears really have to re test 24800 soon else
the bulls will go for upwards of 25900.Never give up, never surrender.
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