Tuesday, May 8, 2018

Dow Jones - The Fight Is On!

DOW - The Bull and Bear In Trench Warfare

The Bull and Bears have been engaging  in a battle for control in the traingular arena. The Dow has rebounded from the ascending trendline numerous time since Feb 18, staying above the 200 days MA. The direction it breaks will set the tone for the next major move, Traders are better off not trying to impose thier view on the market, listen carefully to what the price action tell you and wait patiently for the break. This blog has been calling for the end of the bull market since Feb and naturally expects the Dow to break to the downside . A break below this ascending triangle could be long term bearish and could drive it to its next immediate support at 22650
All posts and charts are for educational and illustration purposes only

1 comment:


  1. HOW I GOT A LOAN BY BRYAN ROLAND

    I’m Bryan Roland by name, i want to use this medium to alert all loan seekers to be very careful because there are scam everywhere, Few months ago I was financially strained, and due to my desperation I was scammed by several online lenders.

    I had almost lost hope until a friend of mine referred me to a very reliable lender called Mr Stephen Williams ( A God fearing man) who lend me a loan of 145,000 Euro under 72 working hours without any stress. I explain to the company by mail and all they told me was to cry no more because i will get my loan from this company and also i have made the right choice of contacting them i filled the loan application form and proceeded with all that was requested of me and to my shock I was given the loan.

    If you are in need of any kind of loan just contact him now via: stephenswillsloan@gmail.com

    I‘m using this medium to alert all loan seekers because of the hell I passed through in the hands of those fraudulent lenders.

    Thanks you STEPHEN WILLIAMS Loan FIRM for your help

    ReplyDelete