TAS
Long

DOWI price compressing. No place to go.

INDEX:DOWI   DOW Industrials
253 8 12
2 months ago
DOWI             price compressing. No place to go. Acording to the count price should break up.
a month ago
Comment: Price had been compressing, nice break up as predicted some time ago
My Charts are divided in IDEAS and SETUPS.

If you like the chart support by giving a thumbs up.

Write a plan and trade it.
Don't follow blindly, ask questions.
Feel free to post your charts and interact.
We can all make money.
eddyfursy
2 months ago
Nice Buddy . Pretty good analysis
Reply
TAS eddyfursy
2 months ago
Thanks man
Reply
IvanLabrie PRO
2 months ago
It's strange that this count doesn't align at all with your S&P500. I don't think that is possible given the close correlation due to obvious reason.
Reply
TAS IvanLabrie
2 months ago
I understand and agree. I only have DOWI on daily and SP on 4H so there's some difference. I am bullish on the SP also, just expecting some more correction. Agree with both you guys, the direction is the same, though not parallel in my view. Correlated yes.
Reply
IvanLabrie PRO TAS
2 months ago
Gotcha, np. It could deviate a bit due to being 500 companies, vs 30 blue chips.
Cheers.
Reply
TAS IvanLabrie
2 months ago
Thanks man.
Reply
artie PRO
2 months ago
Tas, whats your view on having S&P and DOW uncorrelated as mentioned with IVAN below. Especially with such a large divergence between them. I know this can happen but seems odd waiting to see what plays out.
Reply
TAS artie
2 months ago
Thanks, answered above.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
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 Billing Sign Out