Mr Flibble
Well-known member
- Messages
- 371
- Likes
- 20
Seeing some bearish divergence and also a pin bar would suggest a move down right now. Price now 10880 should be good for a few points but I should point out we are in a minor bullrun so set those stops.
Mr Flibble
Well-known member
- Messages
- 371
- Likes
- 20
Lets see DC. I'm now bullish on the DOW after a good downward movement. Yesterday saw bullish sentiment on the FTSE however the US markets decided to errode that for some reason. WIll give them a day or 2 to realise we are out of the woods. DOW is a BUY.
which sentiment are you refering to?
dc2000
Veteren member
- Messages
- 4,766
- Likes
- 129
agreed with the bit about the woods, but until the fat lady sings and I get the price Im happy with money stays off the table, target still 2400 point rally, my guess is you like my price better than you did when I posted a couple of weeks back
Mr Flibble
Well-known member
- Messages
- 371
- Likes
- 20
Anyone thinking of going short soon? Bring up a daily chart draw a few lines..what do you see? The only reason I have a stop loss right now on my short is that Intel posted some fine results afer hours. Deficit worse than expected however. Today (Weds) could be quite interesting. Saw a pretty largish sell off in the minutes leading up to end of trading...however after hours INTC and pretty much the whole tech sector moved back up and then some.
