Technician
Short

A Yearly Hanging Man

INDEX:DOWI   DOW Industrials
3703 62 68
Just a quick heads-up. On this yearly hanging man candlestick . Are we reversing??


http://thefxchannel.com/daily-forex-forecast/
Best Regards,
Technician
My trading ideas channel https://telegram.me/technician_forex_trades

Get your gift : https://thefxchannel.com

Skype: Technician - The forex channel
What does it mean when there are TWO yearly hanging mans ? which there are now ?
Reply
Enjoyed the post purely for it's unusualness. Feel that the criticism is a bit pedantic as we can pick and choose which posts we want to read. Appreciated and keep them coming.
+1 Reply
Hi Technician Do a 'load new bars' on your original char and see the damage being done
Reply
DOW under 16 000 = Lights out!
Reply
Olu mrLOBSTER
The Kracken?
+1 Reply
Yes buddy, lets wait and see whats next
Reply
mrLOBSTER Technician
It's interesting how the market is in the same position as in 1927-1929.

Martin Armstrong (28 feb 2015):
"We appear to be in that 1927 moment where the Central Banks secretly got together and tried to deflect the capital inflows to the USA to help Europe. The USA lowered its interest rates in 1927 and then was forced to raise rates virtually doubling them trying to stop the rally into 1929."

Look at this chart, do you see what its forming before that huge spike?
http://s3.amazonaws.com/armstrongeconomics-wp/2013/08/DJ2731-W-False-Move.jpg

Same thing as now on DOW, SPX and DAX!!
DOW:
Example
Reply
Olu mrLOBSTER
If they are trying to stop the rally this time as well they just might get their wish. Excellent observation. Thanks
Reply
If the the economy goes further down -> oil price drops more -> economy goes down even more -> recession -> oil price up(cartells) -> hyper inflation.... LIGHTS OUT!
Reply
Olu mrLOBSTER
A snowball effect. However I dont think oil is going down below 28 though....
Reply
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
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
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out