Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality

Iraq Dinar/News is a popular topic among many topics this board offers.

See the footer of the board for our Facebook and My business pages.

Be sure and join our Dinar Only Newsletter Email list. It is located on the right. Your User Account Email when joining the board is for with in Neno's Place use of board information which you can control in your profile settings.


For "Advertising" with in my board to our Membership and Visitors see our "Sponsor Ad Info" in the Navbar. Neno's Place receives a low of 50,000 views a week to over 100,000 plus many times thru out the year.

I can be reached by phone or text 7am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.
Established in 2006 as a Community of Reality

Longest Dinar holding Community. Reach Admin by Private Message. Copyright © 2006-2017

Dow Prospects for the Breakout



Posts : 17927
Thanked : 881
Join date : 2013-01-12

Dow Prospects for the Breakout

Post by Lobo on Mon 18 Jul 2016, 3:01 pm

QUESTION: Marty; You said we could see new highs form in 2016 for the Dow, but the breakout is more likely in 2017. Has that changed?
ANSWER: We will be updated the share markets shortly. No, that has not changed yet. We did not elect the Quarter Bullish Reversal at the end of June. We warned if that were elected, then we could see the 20,000 level by September. We are fooling around with the first major resistance level at the 18500 zone. It is possible that we could punch through this resistance to reach the 20,000 level and then back-off one more time before we get the breakout of Phase Transition.
Keep in mind that the new high in 2016 marks the first stage of 7 years up from the 2009 low. This does not appear to be the final high. Still, there can be a scare with a retest of support for the fall. We have 2018 and then 2020 to look forward to and the volatility should begin to rise in 2017.

    Current date/time is Wed 07 Dec 2016, 10:20 am