I have not updated the blog for a while, due to a number of reasons including that I have moved to the opposite side of the world… Since the bottom was reached one year ago the markets have rallied significantly until January 2010. Some people think this has been a Bear market rally and that [...]
Posts under ‘Dow Jones’
More Dow Jones
By looking at the Dow Jones charts I am getting increasingly bearish. The top in June is standing out more and more as a significant top.
Dow Jones sideways pattern
Since the major rally that we experience from the March 09 low the Dow Jones index has been trading in two sideways ranges. Yesterday (15 June 09) it traded sharply lower to the downside of the current trading range. Will the support hold?
Dow Jones trade
Since the sharp low on 6 Mar 09 the Dow Jones index has rallied strongly. There is a strong positive sentiment as well as technical reasons to expect further upside. Over the course of last week there was a very nice Long trade.
Dow Jones anniversary
Although we saw some nice Dow Jones symmetry 12 days ago that could have suggested a positive turn, it kept diving. Since then the Dow made a bottom on the 10 October 08, which was exactly one year since the All Time High (ATH). To be precise the ATH was on 11 October 07, but [...]
Dow Jones symmetry
There is currently some very nice symmetry on the Dow Jones futures chart, in terms of time and price. Looking at history it is evident that markets like to behave symmetrically. Is the Dow Jones about to turn upwards again?