Although an initial dip was posted, buyers emerged and follow through bullish momentum resulted in all the previous day's losses being overturned.
The overnight dip has been bought into and there is scope for further bullish pressure going into this morning.
Trend line resistance is located at 26890.
Bespoke support is located at 26725.
There is no clear...
Not in a million years is price going to break our red resistance zone, this zone is an all time high for US30.
For all you people who think that it will break and continue to rise just answer me this.... How the hell is price going to do this with Donald Duck in charge of your country, when you are in the most debt the country has ever been in, unemployment is...
Simple as you like really, price is currently at a strong support zone and had a really bearish day on Friday so we are expecting bulls to take over and push price higher and possibly to our resistance zone ( green box ) this is where we will be placing our TP.
Again see how simple and clean our charts are? why would you stress yourself out with 100s of...
As expected, the Dow, when compared with the SPX and the NASDAQ to name two, presents the most bullish of the bunch. The recent drop was severe, but no long-term damage has been done. And while the SP500 and NASDAQ closed red last week, the DJIA closed green. This is telling us that though profit-taking has set in, bullish fundamentals underpin this...
I just draw on charts and make pips don't know anything else.
Enter on shorter time frames such as Daily/4HR for precise entry points and let the trades run.
Risk no more than 2% of account.
COUNT PIPS COUNT PIPS COUNT PIPS NOT MONEY.