willworknow
Long

Dow Temporarily long with Ending Diagonal Possibility

DJ:DJI   DOW JONES INDUSTRIAL AVERAGE
149 4 3
You can see the negative divergence on the Awesome oscillator shown below. This indicates weakness....which is typical with tops and Ending Diagonals....if that's what's happening. My only issue, so far, is how to label this ED. The gray labeling shows another possibility where we will go down to 17350 for wave 4. With other global markets in bearish mode, it is hard to see how we'll make it up to the 19000 mark.
snapshot


we are going to the beginning of this E.D. Wave and the next is worse . Vampires are there .
Reply
willworknow hussain9
Yes...that snuck up on me.
Reply
Dow Theorist are pounding the table for a correction, due to the negative divergence of Industrials/transportations.
Reply
Very interesting? ED and dangerous at the same time . Every moment the dowi reached a new high I am asking myself !!! when this market would finally become exhausted ?? may be this ED is the answer .
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out