No Monica, it's probably going to take all day to peak out. But, when it rolls over into the close or tomorrow morning, we should get another leg down to the 1040 area or so.
Well, we hit the upper channel trendline at 109.13, and backed off a little bit. The 15 minute chart looks topped now, and should be rolling over soon.
The 60 minute chart is still pushing up, so we could chop around here all day, until the 60 peaks and rolls over into tomorrow.
Looks like we “may” have topped here, as we have now hit the 108.60 intraday fake print from yesterday. However, the 60 minute chart is still pushing up, which could give us a little higher target?
Next target up is around 109.15, which is the upper channel trendline, and should be good resistance.
k.
No Monica, it's probably going to take all day to peak out. But, when it rolls over into the close or tomorrow morning, we should get another leg down to the 1040 area or so.
Are we overbought yet on the 60?! This is so tedious!
Well, we hit the upper channel trendline at 109.13, and backed off a little bit. The 15 minute chart looks topped now, and should be rolling over soon.
The 60 minute chart is still pushing up, so we could chop around here all day, until the 60 peaks and rolls over into tomorrow.
thanks red.
Looks like we “may” have topped here, as we have now hit the 108.60 intraday fake print from yesterday. However, the 60 minute chart is still pushing up, which could give us a little higher target?
Next target up is around 109.15, which is the upper channel trendline, and should be good resistance.
Dow Jones Triangle in 2 hours time frame
http://niftychartsandpatterns.blogspot.com/2010…
Now I got it! Thank you.
Try this direct link. Maybe it will work?
http://baminvestor.com/members/wp-content/uploa…
By the way, I'm only posting it because they are offering it for free right now. Otherwise, I wouldn't post it as it's a paid membership site.
Thanks Leo….unfortunately for europe access denied….no login possibility on my screen…