Dow 2006

11130 is most recent pivot low. Anybody think it is gonna break that?

cant see it going below 11112, although the longer term low will be at 10500 there is an outstanding price at 11441 which will be hit first
 
If it broke down 11040-60 level, we may see 10900 in a couple of days. Let's see if the buyers can step in.
 
my signals

My signals are spot on in this market environment. Just got a LONG entry now. Yesterday's short was ggrrreat.. :cheesy:
 

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Good work sir. :)

Long looks good, but I'm a bit wary wary cause there's a gap at 11050 and this geometry looks too good to be true...
 

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frugi said:
Good work sir. :)

Long looks good, but I'm a bit wary wary cause there's a gap at 11050 and this geometry looks too good to be true...

Hi Frugi, yes, Fed day gap is there to be closed. Besides, there is very little take up in the futs.
 
I got short signals at 11130 and 1116 but I passed them although they wouldhave been nice scalps. Anybody bullish?
 

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Nice reversal

Initial scalping short signals in 1min chart developed into PaintBar signals in 5 mins. Here they go...
 

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Dow futures down this morning

Fed Day gap at 10950(cash) is closed after yesterday's YM gap closure. I don't trade with predictive models, but I have outlined potential Wolfe Waves. Dow has to come back to 11050 and above in order to start another rally beyond 11250+. Any opinions?
 

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TBAR11 said:
might worth going long if it retests 900..
yup, it worked.. for a while and then the downtrend continued..
 

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Sell 'em on the red.. buy on the green... then sell again on the red.., now out of them. Look for resistance around 10670-10700.
 

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leovirgo said:
Sell 'em on the red.. buy on the green... then sell again on the red.., now out of them. Look for resistance around 10670-10700.

you mean support? tradestation seems to be working pretty well for you..
 
Pat494 said:
I have abandoned pivot points. Someone forgot to inform the Dow of what it is meant to do lol
lol
10700 made nice bounce last night. not sure re monday. will be cancelling my holiday to Lebanon.
 
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