Ruby on $DOW. The chart has been printing indecision of late and this morning (NY time) a conclusion should be expressed with a price rise. The "horse-race" is intact, now it is for the intention of $DOW to be shown. Thank you to Money.Net for my news feed. ~Beauty
The Dow Chemical Company (NYSE: DOW)
Sentiment: Bearish
Open Day: 05/12/14
Close Day: 05/27/14
Probability: Medium
Analysis: Technical + Seasonal
ABOUT COMPANY
The Dow Chemical Company combines the power of science and technology to passionately innovate what is essential to human progress. The Company connects chemistry and innovation with the principles of...
An overlay on top half of major commodity relationships and indexe / On the bottom major national equity indexes
Notice that the DOW/GOLD ratio has been in decline since June 1999. The wealth created under Alan Greenspan in has been leaving the USA for 15 yrs now fueling bubbles around the world.
We are in a typical 16-18 yr consolidation pattern following a...
I have published a chart on DOW before, I remain bullish. It has since broken out of the bull pennant I highlighted earlier last year and I believe it will eventually reach the topside target at 42.50. Furthermore, I believe it can also reach 44.38 as that is the 123.6% fib extension of the recent move.
Dow chemical formed a pipe top a week ago and during this last trading week, there has been a downward breakout from A. This type of formation is one of the most reliable as it is occurring in a bear market. According to Bulkowski , there is a 41% chance for a pullback to price level A, so this is something to consider as a better entry for a short position...
