DOW Intraday

ChartMan

Legendary member
5,580 46
Lots to see today on the 1 min chart. Starting this week, the Intraday charts will be kept in a weekly thread for continuity.
Another example or Resistace/Support swap can be seen, and unconfirmed Negative Divergent top. Note the eventual breakout shortly after the trend switch from resistance to support and the longer term higher lows just before the intesection of the trend reversal on RSI.
 

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ChartMan

Legendary member
5,580 46
Yesterday's closing pennant did go, just....Points of interest today- Fib performance/fitting. Yet another break on Resistance /Support trend line swap for the library.
 

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ChartMan

Legendary member
5,580 46
Note triangle = sided as opposed to "flat top" and the RS switch in the support line of the triangle, signalling down.Good Fib fit from the low at 10,037 to 10,255.Good fit on all points all the way down Pity it didnt make a perfect drop to the zero point.
 

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ChartMan

Legendary member
5,580 46
H&S top. "W" bottom. 4 changes in slope.Horizontal support, changing to resistance at the uptrend failure . Note the bear wedge forming on RSI and CCI.
 

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ChartMan

Legendary member
5,580 46
Expanding triangle. Bull Flag,Triangle break.
 

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