Short
DOW - and the "musical chairs" game
what does it take ?
what will be the "surprise" data or news ?
what kind of mini black swan ?
In "musical chairs" you have to be quick to get the chair, and the quickest to get the last one.
I have to say I totally missed this spike, wondering if we had a possible broadening top then... obviously I was wrong.
But we have all ingredients for a correction :
- overbought and even negative divergence
- 5 waves upmove
- a very wide bollinger band
- an impressive spike
WOW...
+10% YTD and we have only 12th March...
Yeah, keep buying on those levels ! good luck
what will be the "surprise" data or news ?
what kind of mini black swan ?
In "musical chairs" you have to be quick to get the chair, and the quickest to get the last one.
I have to say I totally missed this spike, wondering if we had a possible broadening top then... obviously I was wrong.
But we have all ingredients for a correction :
- overbought and even negative divergence
- 5 waves upmove
- a very wide bollinger band
- an impressive spike
WOW...
+10% YTD and we have only 12th March...
Yeah, keep buying on those levels ! good luck
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.