hehe

$DJI - Diamond Top - The Distribution Phase Part I.

INDEX:DOWI   DOW Industrials
943 13 22
We all know the market phases: accumulation, mark-up, distribution & mark-down. IMO             we are in the distribution phase . It will take time. A diamonds are beautiful and unpredictable.

http://thepatternsite.com/diamondt.html

http://www.investopedia.com/articles/technical/04/050504.asp
good one
Reply
hehe 2use
Thx!
Reply
Ola Amigo ! ... nice chart ... very nice
Reply
hehe martinex
Hola Tio!
Reply
Diamond Top makes sense at this stage in the market for Large Cap stocks
Reply
hehe QuantitativeExhaustion
I'm still looking solutions for wave 4.
+1 Reply
Well we often get violent volatile moves out of Diamonds. Usually the first big outside move from the diamond pattern is a headfake
Reply
hehe QuantitativeExhaustion
Exactly!
Reply
hehe hehe
So ... the first move was a fake?
Reply
If it was a "Diamond Top" maybe, but if it wasn't?
Reply
hehe andrius.lietuvis
...IMO - it was #DT ...distribution continues.
Reply
The force was so strong it did not even reach the top side of the diamond... (just like.."ahhhh screw it, ill dive now")
Reply
hehe 2use
...I'm not looking for perfect patterns,
+1 Reply
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder 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