Dow 2010

today,
10617
10580
10543*
430/47
18.13 vix

8:35 a broke below 10580 to as low as 10569(23 pt wrb) bar closed @ 10578
5 of next 6 5minute bars closed lower to as low as 10537
8.40 10571 8.55 10558
8.45 10574 9.00 10565
8.50 10564 9.05 10541

9:10 green shooting star bottom closed @10541
 
Hello to all me friends and ......enemies...HA HA. The Holy Grail will prevail...........I have just made £2,840 using my supper dupper Bat Sonar system. I went short on the DOW.

The Holy Grail will never fail. I really do have the ultimate trading system. I can prove it.
 
so was this big down move once again forecasted by a 'bad price' spike back on the 11th?
More room to the downside according to this:
 

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YM 10151 close target 10060

mkt opened 10186 uptrend to R 10250 1/25 (4:45 am) then 1/26 reached low 10054 (9:30p) , 11:00p 10060 currently 10142 (7:15a) .

on daily 10238-10250 looking to long , 9989-9941 short
 
are you shorting?

I was already short in my swing/spreadbet account from the beginning of January, and losing.
But when I saw the 'spike' on the 11th of Jan that I posted a few posts back, I added quite a few more shorts and have now began closing the trades in lumps for profits.

(I closed some of them way too early to be honest, but still for profits.)
 
I was already short in my swing/spreadbet account from the beginning of January, and losing.
But when I saw the 'spike' on the 11th of Jan that I posted a few posts back, I added quite a few more shorts and have now began closing the trades in lumps for profits.

(I closed some of them way too early to be honest, but still for profits.)

its looking more like it wants 10000 to slightly sub10000.
Any other opinions?
 
If anything I'd say that looks more like support and resistance.


hehe. Bless you!
No, you misunderstand. That 'spike' was just a print. The market didn't actually trade up and then down again.
Look at the same chart on my other brokers platform: The yellow circle is were the 'phantom spike' that forecasted the upmove took place.
 

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