Dow Intraday Charts 16/04 - 20/04

ChartMan

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Dow Intraday Charts 15/04 - 19/04

Not a lot to show here- triangle break to the downside and H&S top...
 

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Not alot to show for today's big rise either. The action was all in the first 3 minutes....took a while, but the action ended up around the 100MA....Maybe something interesting will show up tomorrow.
 

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Again , not a lot to see today. A failed "W", PD bottom Inv Head & shouders (failed bottom) adn divergent top...
 

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Interesting Bear flag. Would it have met target if it were not for the plane crash???? Coincidence???. 2 3 pk Positive divergent bottoms- not seen those in a while ...
 

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I think we should just ignore the V shape occurred as a result of plane crash, since it helped a few patterns formation, such as the big inv. H&S on 5 min, which should be treated with a pinch of salt...

Riz
 
Agree 100%- it really screws TA when that happens. My point was this: would the bear flag target still have been reached if the plane crash had not occured? We'll never know....
 
At last some decent happenings. extended time bull flag that (eventually) made target of 64. 3 pk confirmed ND top. A possible RS switch and a 2 slope change..my favourite ( just). Price below 100MA and regression line plus a strong finish tonight.... Monday could be fun :)
 

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