What we want is a Dow double top, that would be just beautiful, and if confirmed, there will be an enormous amount of selling coming into the market.

US and Euro stocks mounting one more rally before crashing?

I kind of want to see Dax get a bit closer to its daily 200ema, as this would actually be a very shallow pullback if it turned here, S&P putting in new highs as I type, and Dow has broken the trend line and may even hit double top or make an all ...

US and Euro stocks mounting one more rally before crashing?

Quick Dax update. Continuing with its upward movement as expected, and now just short of the 61.8% fib retrace posted above, so we are getting to the levels now that Dax could find major resistance on, and the price is currently on the h4 200ema ...

US and Euro stocks mounting one more rally before crashing?

Just to remind any Dax traders who might have been caught trying to sell this thing, this was my outlook posted a couple of pages back, with the resistance levels I am watching out for. We had stalled right beneath the H4 100sma, and now we've just ...

US and Euro stocks mounting one more rally before crashing?

Dax pretty brutal so far this morning. cutting up and down between very clear support with those big 100 and 200 moving averages running up just beneath, and resistance which is just above around 12,200. Draghi later which should ignite things. Big ...

US and Euro stocks mounting one more rally before crashing?

I can't, but this is from March, so obviously it was already common knowledge. url

US and Euro stocks mounting one more rally before crashing?

Either that or his mother!

US and Euro stocks mounting one more rally before crashing?

Keeps me young!

US and Euro stocks mounting one more rally before crashing?

I was just having a chuckle at this...definitely one former UK Chancellor who you will not find in the Forbes top 100 investors of all time list !

US and Euro stocks mounting one more rally before crashing?

Remember darko, no one, least not me, is calling for anyone to go short, that is up to each individual take on things. What i hope we are doing on this thread is. or what I want to do, is to plot the big one, because I believe that a major market ...

US and Euro stocks mounting one more rally before crashing?

Yes, that's always the key, a combination of signals never just the one. 200 should top it today on Dow if it gets back up that high.

US and Euro stocks mounting one more rally before crashing?

Thanks tomase, wish I could comment but it's gobbledygook to me. Hopefully someone else will be able to offer feedback. Dow still pretty ugly and still being capped by this resistance for now and Dax grinding higher, though not today. The H1 100sma ...

US and Euro stocks mounting one more rally before crashing?

I don't use Elliot Wave so won't comment on that, but the weekly tf is looking like the Dow will move higher to make new highs, perhaps 28,000 by the end of this year. Having said that, I opened this thread based on what I was seeing on smaller time ...

US and Euro stocks mounting one more rally before crashing?

The H4 200ema is just above now, so don't be too worried if it comes back off that again as it has been doing since the 28th August, because to me it looks like a fantastic level to buy, especially if you're prepared to ride through the rough ...

US and Euro stocks mounting one more rally before crashing?

Watching gold closely, and expecting a big move up imminently. As you'll see from the 2 weekly chart, the 76.4% fib is a strong support level which held last time, and just as strong is the 200sma resistance which has been capping gold since early ...

US and Euro stocks mounting one more rally before crashing?

Messy old day on Dax, stuck between that 30m 200ema I mentioned above, and the support around today's CP I also drew attention to. It still looks good to break higher though this week as per my chart also posted above, though today I'm really not ...

US and Euro stocks mounting one more rally before crashing?

That ECB news spoiled what was looking like a nice push up to R2 today on Dax. Maybe we will still get there, but it will now depend on which was New York wishes to take stocks, but Dow is currently at the top of this range we have been in for over ...

US and Euro stocks mounting one more rally before crashing?

I have 11,850 as my lowest level beyond which it should push lower, so pretty much at the same level as yesterday's low, but whereas yesterday the price broke down below the H1 100sma, it is now above it, just, which should be bullish, though there ...

US and Euro stocks mounting one more rally before crashing?