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


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Join the forum, it's quick and easy

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


Neno

I can be reached by phone or text 8am-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

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    The Dow Held the Reversal 17120

    Lobo
    Lobo
    Moderator
    Moderator


    Posts : 28411
    Join date : 2013-01-12

     The Dow Held the Reversal 17120 Empty The Dow Held the Reversal 17120

    Post by Lobo Tue 28 Jun 2016, 2:51 pm

     The Dow Held the Reversal 17120 DJIND-D-6-28-2016
    A number of emails are coming in about how even in a Panic, the Reversal system held. The Dow crash only within a 2 day reaction. It elected the first minor Daily Bearish at 17434 on Friday. We saw the Dow fall to 17063 intraday to close at 17140.24 hold the 17120 level. We warned on June 25th: ” With the closing on Friday below the first Minor Weekly Bearish at 17434, the Dow should move a bit lower now to test the 17120 level. “
    Holding the 17120 level for the close yesterday implied a failure and thus a bounce. We now require a daily closing back above 15752 to imply that the low will hold for now and another retest of resistance should follow.

    https://www.armstrongeconomics.com/markets-by-sector/stock-indicies/dow-jones/the-dow-held-the-reversal-17120/

      Current date/time is Sun 14 Jul 2024, 12:07 pm