Dow Intraday charts 06/05 - 10/05

ChartMan

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I suppose I should have seen the weakness in Fridays closing action- a move of only 70 points from an RSI of 83 and CCI of 293. Nothing interesting to report today, save the natural support at 9964 and 9932 then a bottomless hole....
Note the RSI uptrend around the support areas, and its inability to push the price up....Also 3 slope change. Will it be a bottom?
 

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well, it was a bottom, but not too much upside....Triangle break to target and 3 pk nd top. Note confirmation of these as the price broke through the 100 MA...
 

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First, go back to the archives and see the intraday charts for 14/15 April.....and then look at the above 2 charts....
Apart from the 150 gap today, thanks to CISCO, we got a bull flag that met target, a 3 pk ND top and not a lot in between.
 

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Not a lot to see today....just a slippery down slope...
 

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Even less interesting today.Just boring down down down. Let's hope we get something a bit more interesting next week...
 

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