Untitled Page

Welcome Guest, please sign in to participate in a discussion.

Worden Discussion Forum » General Discussions » Stock and Market Talk » $INDU Daily and weekly charts are n'sync now 233ema wkly (10,490.92) is in charge!

$INDU Daily and weekly charts are n'sync now 233ema wkly (10,490.92) is in charge!

Topic Rating:

Previous Topic · Next Topic

Watch this topic · Print this topic ·

signaltap

Posted : Sunday, December 6, 2009 10:56:30 AM

Registered User
Joined: 3/16/2006
Posts: 2,214

signaltap

Posted : Sunday, December 6, 2009 11:00:53 AM

Registered User
Joined: 3/16/2006
Posts: 2,214

$DJIA Is not just me, TA says it all! Must be bear Longterm, read Analysis on both charts!

$$ Faithfully following "the Orange line" = 233ema weekly (10,490) even with Friday's good news it died THERE!

$$ it has really good tracking record! Jan 2008 low this line was there @ 11,634 and Sept 2008 held price, THEN $LEH died!

You can follow me LIVE in stocktwits, and Twitter (user name: macheterosforvr)

riggie

Posted : Monday, December 7, 2009 8:27:57 AM

Registered User
Joined: 12/10/2008
Posts: 3

Great post Gold customer. Was a great help to me to analyze the latest situation in the markets.

thanks,
Riggie

wwrightjuly4

Posted : Tuesday, December 8, 2009 12:13:21 AM

Gold Customer

Joined: 4/10/2006
Posts: 954

Thought It might be interesting to compare to the 1970's chart where we had a 50+ percent drop

weekly DJ-30 from 1970

wwrightjuly4

Posted : Tuesday, December 8, 2009 12:15:24 AM

Gold Customer

Joined: 4/10/2006
Posts: 954

Tried to overlay this but I did not do a very good job.

Overlay

Users browsing this topic

Guest-1

Forum Jump

You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.