DJCFD:DJI   Dow Jones Industrial Average Index
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4
Long positioning on DJI again. Price have reached 38.2% fib support. RSI almost oversold with signs of divergence. 4:1 RRR . Good Luck
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better entry at major support 24040
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DaddySawbucks iminlovewithscarlett
@iminlovewithscarlett, price action so weak now expecting breakdown to test 23800, if it breaks below 238 possibly in for a flashcrash to test major support at 23360 reaching back to double bottoms on 2-09, 4-02
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@DaddySawbucks, you could be correct gold is waiting for a turnaround at 1242.90, I don't worry about intraday dips only end of day/week data
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DaddySawbucks iminlovewithscarlett
@iminlovewithscarlett, Looks like pivoting up from 24k probly time to get long
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@DaddySawbucks, 3rd time it has pinged off weekly support since feb
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DaddySawbucks iminlovewithscarlett
@iminlovewithscarlett, Hmm I count four including this one and Feb- but yes I expect it to bounce but worry this time might not be much of a lift.
Really strong pushback at 24500 today, more at 24660 and 24880, don't see it breaking over 25k again until 2019 TBVH.
Whipsaw volatility is back, heavy selling into every rally and the cave stinks of bear.
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