dow 679 can we make new all time highs 721+ ?
bingo
780 would be a 35pt range. ftse oct 30 daily candle which put in 5 month high 819 the low for that day 763.7 has been acting as nice resistance on daily chart. is that a "supply area"
think markets bullish while dow is above 640 (665)
dow is about 55pts from making all time highs
Tripping over to catch out longs or a new up?
historically on longer time frame mid movember is a very bullish point to get long to run into end may.
sp500dec has only done 5.25 range so more juice to come, on balance should come on the upside. hard to reverse this type of momentum, yesterdays daily candle is something, that is a wick
Yes very clear pinbar yesterday
in hindsight dow bounced from clear support 550, bad euro data cause ftse to run down to 708
Vasco called 540 as place to get long.
The trade was buy the dow yesterday and hold
from the ftse options expiry last friday it gave a contract high for ftse at approx 6760 before the 3rd friday of nov. for committed shorts that would be a place to try and short it.
looking for PA signals now for intaday DAX / Dow