Tag Archives: dow jones

The Big Picture – Termination patterns in US 30 and Yen pairs

Guest Post by DV 34 As world markets nervously consider the implications of the Italian election result, DV 34’s post on the potential for big picture reversal patterns may be a timely read. DV has also generously shared some of his recent experiences … Continue reading

Rate this:

Posted in Forex, Market, Shares, Stocks, Trading | Tagged , , , , , , , | 1 Comment

Dow Jones – Pattern Setup

The Dow has been drifting sideways this month, unlike the Aussie 200 which is in full flight. I came across this US 30 CFD setup with the aid of the Pattern Recognition scanning tool in our Tracker platform. It looks like a … Continue reading

Rate this:

Posted in Market, Shares, Stocks, Trading | Tagged , , , , , , , | 1 Comment

US 30 Index and the employment number – can the rally continue?

Friday’s non farm payroll figure posed familiar question for traders. Was this a rogue number or the start of an improved trend? Was it a good enough figure to extend the “risk on” rally beyond Friday’s levels? Naturally, much will depend on follow up data … Continue reading

Rate this:

Posted in Market, Shares, Stocks, Trading | Tagged , , , | 2 Comments

US 30 – Update on breakout strategy

The sell set up I posted on Monday was triggered when price broke below trend line support last night Things have moved fast so I’ve posted a discussion on entry and exit levels for readers interested in this approach to … Continue reading

Rate this:

Posted in Market, Trading | Tagged , , , | 3 Comments

Australia 200 and US 30 Monday Comment

I’ve posted some thoughts on the outlook for the week and a review of both these charts including a potential break out set up in the US 30.

Rate this:

Posted in Market, Shares, Stocks, Trading | Tagged , , , , , | 6 Comments

Dow – Sell the Resistance

The Dow Jones Industrial Average , or US 30, has recaptured all of the losses associated with the Japanese crisis (red arrow on the chart below). With a wealth of potentially market moving data due this week, there is a … Continue reading

Rate this:

Posted in Market, Shares, Stocks, Trading | Tagged , , , , , , , , | Leave a comment