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31 Okt 2017 pukul 16.18

Dow Short Term Target 24.000 Panjang

Dow Jones Industrial Average IndexTVC

Huraian

On Otober 19th 2017 Wall Street remebered the "Black Monday" 30 years ago en.wikipedia.org/wiki/Black_Monday_(1987) .

This year the DJIA closing the traditional "crash month of october" by a 4,2% gain. This is the biggest increase since February and the September gains are doubled. If ever the Dow in September and October ends higher in almost each years this Index was up until the end of the year. The comming days will bring new articels discussing this iusse probably.

In history month of November is one of the stronges in the year. Probabilties are quite high that the Dow is now going up directely to 24.000 points.
Sentiment indicators and short term market indicators would support this move followed by a short term sideways range.


marketwatch.com/story/dow-jumps-42-in-october-powered-by-intel-microsoft-and-wal-mart-2017-10-31

Dagangan ditutup: hentian tercapai

Closed @ 23.450.

Dagangan aktif

re entry @ 23.450

Dagangan ditutup: sasaran tercapai

Trade Closed @ 24.005 pre market.
Komen
lu1977hk
and now?? Target reached? Do we short?
SwissView
@lu1977hk, This trading idea is to close @ Dow 24.000. This doesn´t mean that the Trend is likely to be reversed. It´s just that the target is reached.
sstr0
Really good analysis thank you
Lebih