DOWI: Not enough momentum to jum over 16606

INDEX:DOWI   DOW Industrials
37 1 0
Timing and momentum are very important for me. At that very moment, we are most probably faced with a rising wedge to be confirmed of course.
If we do observe carefully William%R and RSI , we are not in an heavy overbought situation were the market would react brutally upward. Instead, we are on a midway of little raising period.
Therefore, I don't think that DOWI             may yet go and stay above 16606 my personal reference point.
Pashabxl PRO
2 years ago
Not that I am proud of my personal pivot, but still, it is a very usefull benchmark for me. And if we keeping in mind the level on which DOWI has closed tonight, still happy that I did the correct calculation since March 2012.
Ideas Scripts Chart
United States
United Kingdom
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out