I have found the Holy Grail indicator for the Dow Jones - 100% right so far

[batsonar]

Yep this sounds very dodgy

I would say my "BATSONAR" trading system isn't quite perfect but you certainly can't call it dodgy. The indicators I use are unique and are quite reliable in back testing. My system makes money that's the main thing.

 

[batsonar]

if you are in blue you r fine. You use stop loss so you r not gambling. well done.

Should have left that last "SELL" position where I lost £2,324. Would have been in credit now at the end of trading today.

 

[batsonar]

Closing price of the Dow Jones on Thursday the 17th February 2022.

 

[batsonar]

The last "BUY" signal I gave on Tuesday failed to move up any further and the DOW Jones fell by 623 Points today. However in the same post I did warn that there was a " Pivot Point" resistance level at 35,078 and that the DOW could possibly get rejected from this level which happened today.

 

[batsonar]

There are NO "BUY" signals being given by my indicators at this moment in time.

 

[batsonar]

Forecast for Friday the 18th February 2022.

 

[batsonar]

Closing price of the Dow Jones on Tuesday the 22nd February 2022. There are NO "Buy" signals being given by my indicators at this moment in time.

 

[batsonar]

On the 3 month (1 day bar) chart there is a "Pivot Point" support level (pink line) at 33,203 on the DOW Jones. The DOW could bounce off this level.

 

[AC007]

if 33k breaks then the serious problem for the market. 33k has to be hit.

 

[batsonar]

As you can see on the daily chart there was a "Pivot Point" support level (blue line) at 35,078 but this has now been broken and the DOW is in danger of a further fall in the short to mid-term. I did warn about this level in my previous posts. The next "Pivot Point" support level is at 33,203 (pink line). I think there could be a possible " BLOOD BATH" next week in the stock market.

View attachment 313333

Well my"BLOOD BATH" prediction came true.

 

[batsonar]

Just closed my "SELL" position for a profit of £1,965 in only 5 minutes.

 

[batsonar]

Closing price of the Dow Jones on Thursday the 24th February 2022.

 

[batsonar]

This is my "Force Index" indicator. As you can see on the chart the indicator has crossed the zero line back into the "GREEN". This is a "BUY" signal on the DOW. This means that the DOW could be about to make a move to the upside in the short to mid-term. There is a "Pivot Point" support level at 33,203 on the 3 month (1 day bar) chart.

 

[batsonar]

Closing price of the Dow Jones on Friday the 25th February 2022.

 

[batsonar]

The "BUY" signal I gave yesterday turned out to be correct and the DOW Jones went up by 834 points today. Probably more upside to come on the DOW. There is a "Pivot Point" resistance level at 35,078 on the 3 month (1 day bar) chart.

 

[batsonar]

Closing price of the Dow Jones on Monday the 28th February 2022.

 

[batsonar]

This is my Force Index indicator. As you can see the indicator has crossed the zero line back into the "RED". This is a "SELL" signal on the DOW. This means that the DOW could be about to fall in the short to mid-term. However there is a "Pivot Point" support level (pink line) at 33,203 on the 3 month (1 day bar) chart so the downside on the DOW Jones may well be limited in the short-term.

 

[AC007]

dow should hit 36k then down to 32k.

 

[batsonar]

Closing price of the Dow Jones on Tuesday the 1st March 2022.

 

[batsonar]

The "SELL" signal I gave yesterday turned out to be correct and the DOW Jones fell by 597 points today. Possibility of more downside to come.