US30USD DOWCAPONAS somebody saying something mean to you ? hehehe
cry me a riverrrr,.,.,
Dow Jones Industrial Average Index forum
US30USD DOWCAPONAS somebody saying something mean to you ? hehehe
cry me a riverrrr,.,.,
US30 I hope everyone had a great day today! Not much movement but it was enough for the patient!
US30 Heads Up, Surfers!A Double Inside Day showed up on the Hourly. BIG move coming.
US30 alright lets buy guys.US30 False Breakout!On the Hourly that is in Bearish (directional) Market Bias, we just had a false breakout from the low of the Inside Day pattern. A bullish candle showed up to reverse the breakout and tethered right back into the pattern at its low of 41,192.
If the bullish thrust continues, then the breakout can be towards the Inside Day's high at 41,465. A Bearish Trendline (in red dotted line) is not too far away. If the bulls rise higher and consolidate to the right, they can potentially do a trendline break, flipping the market bias from bearish to bullish for more profitable moves in that direction. We'll see.
US30 Ping Pong, Anyone?I wrote earlier that the Daily is showing an Inside Day that is a market pause before a breakout for true direction.
On the Hourly that is in Bearish (directional) Market Bias, an Inside Day also showed up that formed between two S&R Zones, one above and another below. So, the candle will consolidate within this tall pattern, until a breakout at either the Inside Day's high at 41,465 or low at 41,192.
Watch for a true breakout that continues in that direction. A false breakout will show a candle to reverse back into the Inside Day pattern.
US30 wtf is this price actionUS30USD we going up now ??
US30 What's Below?A giant M-shaped pattern is forming on the Hourly that is in Bearish (directional) Market Bias. The last leg of the "M" is typically a long bear trend.
Below is a Swing Low at 41,148, S&R Zone, and three more Swing Lows further down (at 40,970, 40,930, and 40,821). We'll see how far the bear trend goes.
If the bears can't breach the Swing Low of 41,148, then back up it goes to potentially play Ping Pong between the two S&R Zones, above and below.
US30 I still think bulls are going to step in