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hehe
Oct 3, 2014 2:46 PM

$DJI - No Pasaran! - Descending Broadening Wedge 

Dow Jones Industrial Average IndexDJ

Description

No Pasaran! - i.e. "They shall not pass!!!!!!" The upper red line opens for the bulls way to the level 18,000. And then what? Another half year rally.


thepatternsite.com/dbw.html

en.wikipedia.org/wiki/They_shall_not_pass
Comments
hehe
SPX:

A-shot
But NASDAQ is still too pricey
hehe
..nobody is perfect ;)
hehe
UUUps! I was not precise: nobody's perfect / does not apply our moderators / ;)
hehe
#DBW Is also on the SPX - level 2200.
hehe
IMO - this is a very strong formation. The verifiability of 99.99%. Bears will die a natural death.
A-shot
You mean diamond + wedge?
hehe
Exactly! We have the following situation: false exit from the diamond formation and #DBW - Freddy Krueger still alive!!!
IvanLabrie
Looks accurate...I'm a bit more pessimistic.
IvanLabrie
(bigger scheme of things, but I don't trade stocks) :)
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