the range is getting narrower...
...and it looks as if it's going to shoot up ( unless it's a false break out )
the range is getting narrower...
...and it looks as if it's going to shoot up ( unless it's a false break out )
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postman
Why is the dax STILL going up? I mean it is closed now right?
not really - I think futures close around 21:00 and some sb cos allow you to trade it all night (wider spread though)
Anyway it usually follows s&p and dow at this time
tar
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Jessi_trader
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postman
I see 17,725 as a pause in the Dow assault on 18,000
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postman
Is that horizontal line at 9894 random or does it have some significance?
SuddenDeath
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u think they want to end 2014 with dow above 18,000
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postman
Of course, 'New high on the close', its THE mantra of 2014.
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postman
As of December 5th S&P had 49 'new high on the close' days.
http://www.ft.com/fastft/246971/party-like-its-1929-sandp-hits-49th-closing-high
Thats 1 in 4 trading days for the whole year and were not done yet.
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postman
Dow is reluctant to give back even 20 of the 300 points its made today.
Jessi_trader
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well its a resistance area, you expect DAX to shed some points before it decides which way to go, its also a logical psychological number 😉
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postman
Sorry I wasnt very clear, is it a fib retrace or previous significant high / low?
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postman
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postman
The chart says short, my brain says its the Dow FFS.
Short Dow 17657.
Short Dow 17657.
nitrader
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I'm long 17,652 - have been for about 30mins - no idea what way it is going.
moved stop to BE just in case - I need a few wins today - still negative for the day.
hit stop for 0
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postman
Crude struggling to get over 59.
but putting in higher lows.
but putting in higher lows.
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postman
Thinking of closing my dow short. It just will not give up.
