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Old 05-01-2018, 05:23 PM
 
34,300 posts, read 15,664,869 times
Reputation: 13053

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Quote:
Originally Posted by moneill View Post
Four months -- try 5 months. End of November.
That's not how a price chart is read by people that understand tec. analysis.

 
Old 05-01-2018, 05:48 PM
 
34,300 posts, read 15,664,869 times
Reputation: 13053
Quote:
Originally Posted by James Bond 007 View Post
There is also a head-and-shoulders pattern on the 1-month chart.
Agreed. Short term chart looks like more downward pressure.
 
Old 05-01-2018, 06:21 PM
 
Location: Florida
76,971 posts, read 47,659,569 times
Reputation: 14806
Quote:
Originally Posted by moneill View Post
Four months -- try 5 months. End of November.
Yep, we are in the red for the year.
 
Old 05-14-2018, 11:17 AM
 
34,300 posts, read 15,664,869 times
Reputation: 13053
DJIA within 100 of 25,000 again.

Reverse head and shoulders bottom formed as price is in direction of the celling.

If it closes up today it will be the 8th straight up day.


Last edited by phma; 05-14-2018 at 11:33 AM..
 
Old 05-14-2018, 05:54 PM
 
Location: ATX/Houston
1,896 posts, read 812,292 times
Reputation: 515
Quote:
Originally Posted by phma View Post
DJIA within 100 of 25,000 again.

Reverse head and shoulders bottom formed as price is in direction of the celling.

If it closes up today it will be the 8th straight up day.

Needed some good news huh...

I would abandon this thread since trying tie the stock market to the economy will ultimately make you look foolish.
 
Old 05-14-2018, 06:00 PM
 
12,772 posts, read 7,982,264 times
Reputation: 4332
Quote:
Originally Posted by okcthunder1945 View Post
Needed some good news huh...

I would abandon this thread since trying tie the stock market to the economy will ultimately make you look foolish.
Or to the POTUS
 
Old 05-14-2018, 06:01 PM
 
Location: Kansas City, MISSOURI
20,873 posts, read 9,550,882 times
Reputation: 15598
When the Trump fans start getting all excited at the stock market again, it will be a sure sign another crash or correction is imminent.
 
Old 05-14-2018, 06:04 PM
 
45,676 posts, read 24,030,238 times
Reputation: 15559
Quote:
Originally Posted by phma View Post
That's not how a price chart is read by people that understand tec. analysis.
I don't care if 'technically' it isn't accurate -- in real life -- we have stalled -- now it's since the beginning of the year....still five months almost still
 
Old 05-14-2018, 06:05 PM
 
45,676 posts, read 24,030,238 times
Reputation: 15559
Quote:
Originally Posted by phma View Post
DJIA within 100 of 25,000 again.

Reverse head and shoulders bottom formed as price is in direction of the celling.

If it closes up today it will be the 8th straight up day.

Ahh -- so the goal is to see how many times the Dow can hit 25,000 under Trump -- almost but not quite .....fingers crossed....
 
Old 05-14-2018, 06:06 PM
 
34,300 posts, read 15,664,869 times
Reputation: 13053
Quote:
Originally Posted by okcthunder1945 View Post
Needed some good news huh...

I would abandon this thread since trying tie the stock market to the economy will ultimately make you look foolish.
Had you been more informed and perhaps read the thread you would know I was the one making the case, the stock market isn't the economy.

Maybe its time you abandon what you don't know and work on what you do know.
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