Tell tale chart that only has one outcome....Brace for impact. Expect the worst?
Looks to be the day we may have the final Death Cross of 2018...The DOW 30! Let watch this in amazement!
The Dow Jones is on track to have its first Death Cross since August of 2015. This is bad news due to the fact that there is little good economic news to jump it up in price significantly enough to change it. December 14, 2018 is the current Trajectory... Dead Cats all along the way!
DDM this stock instrument is testing the major support trendline We Wait For Confirmation with our Tools, To Maximize The Next Opportunity Our scripts are engineered for maximum performance follow us for free 3 day access
In the chart is represented the PrShs Ult Dow30 Shs (DDM) ETF in a long period of 4 month appreciating a bullish channel trend
Hi! Today I want to publish a pair trading idea. The thing is that the spread between DDM and IWO reached the upper border. You can see the red line on the bottom chart. Basically, this value has not been broken since 2007. Even in 2008 and 2009 when the volatility was huge. Saying so, we can assume that the spread is going to be zerro in the nearest future....
MACD, Stochastics, CCI and lines of Support/Resistance point downward