Looks Like We'll See Dow at 10K - Soon? [View article]
If you really want some fancy TA, here it is: We are in a massive downward triangle (11000-8300 (approx), Oct till today) that has already shown a crack down to 7500, and we are back at the apex. If it breaks again (which should happen very soon), I expect to it to hit below 7000.
I agree with the observations, but I am more bearish short-term. Looking at the charts from US to Europe to Japan, I am seeing a downside break from the triangles after Oct 20, and now it's just a pullback to the center. Either I am seeing things that are not there, or next week is gonna be one fun ride.
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Latest | Highest ratedLooks Like We'll See Dow at 10K - Soon? [View article]
We are in a massive downward triangle (11000-8300 (approx), Oct till today) that has already shown a crack down to 7500, and we are back at the apex.
If it breaks again (which should happen very soon), I expect to it to hit below 7000.
Is It Finally Time to Buy? [View article]
Either I am seeing things that are not there, or next week is gonna be one fun ride.
Disclosure: long DXD, SRS