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NeverNO
Mar 17, 2019 4:49 PM

Daily above the SMA 50 stays long! 

US Wall St 30OANDA

Description

Soon it would be possible to create a bearish cross between Tenkan & Kijun on a daily basis, then I do not think we will see a new ATH so soon.

If I'm right, then March should not close above the first blue line at 26136 and April not above the second line at 26792.
Otherwise, I let myself be surprised.
Good luck.

Comment

DJ has reached 26108.3. Tomorrow would be possible 26136.1 and possibly but not necessarily 26208.8.
First confirmation for falling prices would be break and close below 25860.5, preferably 2 days in a row.
That would put the focus on TP at 25069.

Comment

Mathematically, I get another potential high at 26130.7
That might be appropriate if there is no closing price below 25860 today.

Comment

DJ above 25505 bullish!

Comment

First Target 25690 reached!
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