Dow 2008

[KUTERO]

Good holiday.. :clover:

 

[KUTERO]

Descending Triangle Formations :!:

 

[Atilla]

Hi guys,

This chart was created Nov 2007. Absolutely amazing the level of breakdown. :-0

Question is where next? I reckon it will attempt 10,000 and probably fail and test lows again before we see end of the lows. :idea:

I hope to do another one over Xmas and having tested this one out will adhere to it with some long term bets. If I had stuck to this one I would have reached the stars by now... 20x20 vision is great with the benefit of hindsight. Reminds me I need to have my eyes tested again... I'm thinkink laser treatment this time...


Targets are;

R2 @ 10894
R1 @ 9930
PP @ 8629
S1 @ 7725
S2 @ 6485

I reckon next move is up. 10,000 test....

Good trading everyone.

 

[KUTERO]

Watch the bottom of the last three candles.
No attention to tails..

Finally, we are on critical places.

 

[Atilla]

Watch the bottom of the last three candles.
No attention to tails..

Finally, we are on critical places.

I'm still expecting some kind of retrace to possibly 8250s perhaps but overalll trend is up. I have a buy order waiting at 8175 but may revise it upwards. We'll see how it goes. :whistling

 

[KUTERO]

 

[chilltrader]

Jingle bells! Santa taketh to 9000

 

[ceydababy]

Very quiet on here.......

 

[ceydababy]

short 97

 

[ceydababy]

out 83

 

[ceydababy]

anyone else trading ?

 

[KUTERO]

 

[vinicius]

Breaking the triangle and resistence at 8975 and going to 9322 or going back to test support at 8300?

I`m a buyer at 8765..

 

[KUTERO]

15.12.2008

Watch the bottom of the last three candles.
No attention to tails..

Finally, we are on critical places.

:whistling

 

[arabianights]

got back in time to trade last 10 minutes of dow.

I made 2 ticks

 

[KUTERO]

 

[KUTERO]

8375 !!

 

[KUTERO]

 

[Atilla]

Not sure what is happening here either?

I was expecting some dip and this could well be it. However, I'm still flat. Preferring to trade cable at the moment.

Looks like no appetite for a Santa rally but I think it may occur in the next couple of days. I reckon we'll test 9000 - 9300.

Strap your selves in boys...

 

[KUTERO]

:clover: merry christmas to everybody.. :clover:​