For the past year the Runner Bot SELL Signal has been on point for DJI on the H4 timeframe. If this rollover of strength from the Bulls continues we are looking at revisiting the $30,000 Support Block for this move.
- Bullish Candle Color rotation to weakness. - RSI X Colors rotation to weakness. - Runner Bot firing off a TOP signal (sign of weakness). - Last Support Pivot is at $32,300.
Thank you and let me know if you have any questions!
Hi.....mmm, not so convinced anymore of this going to anywhere near 30k.....hope I'm wrong. Santa rally could spring a surprise FED AIN'T letting these markets tank Markets look very strong AND resilient to ANY kind of news.....
Cant see these markets dropping anytime soon, sure the odd drop here n there, but nothing major.
Cheers
RainbowRunner144
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@Laurent10, I don't want to see this either, but I don't fade the colors and bots normally. Thank you for the input.
Laurent10
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@RainbowRunner144, Hi...not sure what you mean by "I don't fade the colours and bots".....
RainbowRunner144
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@Laurent10, I trade colors and use bots as well. Rainbow Trend tools and bots are saying this is a Top and its showing weakness. I want to see a Santa Rally, but confluence of this chart says we are going down. Hope for the best, prepare for the worst. The tutorials explain the colors a bit better, but the colors you see on the candles and the Xs are showing the Bulls are tapping out and handing it over to the Bears. Thanks again!
Laurent10
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@RainbowRunner144, Oh ok tks - but the charts are saying DOWNWARD momentum etc...but at this time of year (Santa rally, AND the strength of the markets) it could quite easily go up, which it has on Mon/Tues from 32 500 to 33k..... Cheers Tks for your time and effort.
Santa rally could spring a surprise
FED AIN'T letting these markets tank
Markets look very strong AND resilient to ANY kind of news.....
Cant see these markets dropping anytime soon, sure the odd drop here n there, but nothing major.
Cheers