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IvanLabrie
Dec 27, 2016 10:33 AM

Dow Jones: Uptrend not done yet Long

Index of top 30 shares on Wall StreetFXCM

Description

There's a chance we see a breakout from this consolidation here, confirmed after breaking above 19971 today. This level will have to be updated each day, while we stay above the uptrend mode, or highest volume/time level, if not hit today.
Risking a drop under the last 3 days' range once confirmed would be fine.
Potential upside is 20370 according to weekly charts, so that is a good level to aim for.

Good luck,

Ivan Labrie.

Trade active

It should be ready to move higher.
Comments
G13Man
no one wan't to be the sucker stuck with that i bought at 20k
lets all set up our puts
, then buy one stock each, when 20k ,
sell stock for profit and see if every one else does
IvanLabrie
@G13Man, hmmm, I don't quite get what you mean.
G13Man
@IvanLabrie, basically , it seems every body is afraid to be the one to buy hi and have the market sell on them , if we all buy one stock and a protective put , we could push it up , and be protected
the 20k actually was a dow remark

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