hehe

$DJI - No Pasaran! - Descending Broadening Wedge

INDEX:DOWI   DOW Industrials
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.


http://thepatternsite.com/dbw.html

http://en.wikipedia.org/wiki/They_shall_not_pass
$SPX:

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+1 Reply
2use hehe
But NASDAQ is still too pricey
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hehe 2use
..nobody is perfect ;)
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hehe hehe
UUUps! I was not precise: nobody's perfect / does not apply our moderators / ;)
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#DBW Is also on the $SPX - level 2200.
+1 Reply
IMO - this is a very strong formation. The verifiability of 99.99%. Bears will die a natural death.
+1 Reply
2use hehe
You mean diamond + wedge?
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hehe 2use
Exactly! We have the following situation: false exit from the diamond formation and #DBW - Freddy Krueger still alive!!!
+2 Reply
Looks accurate...I'm a bit more pessimistic.
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IvanLabrie PRO IvanLabrie
(bigger scheme of things, but I don't trade stocks) :)
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