Dow Intraday charts 25/03 - 29/03

ChartMan

Legendary member
5,580 46
Bear Flags, Failed Bull triangle, SR switch and 3rd rate change in resistance slope lines.... The possible RS switch is unlikely as the slope is too steep. Note, at the moment, the maximum rises off bottoms are 40 points.
 

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ChartMan

Legendary member
5,580 46
Nice start. Big rise off bottom >40 points.so we went into up trend.3rd slope change yesterday came good .RS switch came good- bit of a surprise that, as I said, not likely. :)
Today sees: Bull flag and target met. H&S - short term fail, but target touched.Bear Flag with tareget met and local support found.2nd slope change confirming upside move at close.Close above local resistance at 348. Inv H&S on RSI and CCI at bottom (314)
 

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ChartMan

Legendary member
5,580 46
Not a lot to show today. Possible Bear Flag leading to 332...
 

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