With all the lines on the chart, look at the wedge that is formed. These wedges break downwards, not upwards. If they break upward, it is only possible with the hand of manipulation and force. An upward break from here out of the topside of this wedge would be market manipulation by a big player...The FED. If it comes to the contrary, look for a break downward...
The Dow began its history with 12 constituents and grew over time to become the Dow 30 that we know today.
There's those numbers again.
The old lady is now 122 years old and still as beautiful as the day she was born. But beauty is in the eye of the beholder. Maybe she doesn't do it for you...
Dow Futures Update DJIA1!
This index had to stay above the 25702...
DJIA Dow Jones Industial Average Futures: DJIA1!
This was a great short overnight on the break below 25257 line for a fall to the next line at 25094.
It fell to this level exactly.
Perfect, technically speaking.
It should now make a rally attempt back as high as 25245-25257 range at best before it falls away again.
This price action would also form a head and...
Dow Jones Futures DJIA1! 10:15bst/05:15est 20th July
Despite the counter rally this index still looks weak technically. It should start to come off from around here and
from the upper falling dynamic from the recent highs at 25035 at best.
It should come back to the overnight low at 24902-24850 range later today. It must hold and bounce here to avoid...
DJIA Dow Jones Industrial Average Futures
The Dow has had a torrid time for 3 months now, falling 14%
from the highs and bouncing three times directly off the
longer term parallel underpinning the rally - and which had
acted as major resistance right up to the point when the new
President/Paradigm took office.
Over those 3 months of wild gyration and whipsaw...