eu.l.seng

US30- CONTINUING WITH THE RALLY

Long
eu.l.seng Updated   
FX:US30   Dow Jones Industrial Average Index
1
US30- HIGH PROBABILITY OF CONTINUING WITH THE RALLY TO 17400 -17700
Comment:
i dislike this conjestion for too long a period.
Comment:
must be out of the area and heading upward by today
Comment:
clearing 17200 is critical at this stage
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sever reaction once it hits the top ML line at 17285. it should stay within 17000 for this rally to be intact
Comment:
this upward reaction is critical and be real for continuing the rally
Comment:
Now with this PF confirmed, now we are at HML zone. some distributions are expected
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waiting for it to break out of this zone, then towards 17800, or a breakdown here.
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17700 is the immediate target
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we are closing in to the down trendline at 17670, and clearing it is critical for this rally
Comment:
so we had broken out of the down trendline, And back testing atis zone. promising so far
Comment:
My best rally since 2 weeks ago posting, see the powers of PF
Comment:
critical to see the last push to 18050. as we are at the top HML of this up trend. Part profit taking time
Comment:
looks like nicely done with another 160 points to go . Is this a short term rally? Anyway my profit taking time, and see how it pulls back.
Comment:
looking at it, we are at the 2nd wave only. of cause we are expecting a pull-back , But non significant,

Overall still bullish
Comment:
Overall still bullish
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