I have found the Holy Grail indicator for the Dow Jones - 100% right so far

On my 15 day chart 15 minute bar there is a pivot point resistance level at 26,276.
 
On my 5 day 5 minute chart there is a pivot point resistance level at 26,077. After that there is a pivot point at 26,365
 
Just made £1,306 in 10 minutes going "short" on the Dow with 30 contracts.
 
On plus500 traders sentiment is 66% buyers and 34% sellers. Remember 90% of traders lose money so I suggest going against the popular trend and "sell" go short.
 
I'm happy holding this position.

The trend is your friend. Going "long" when the Dow is in a down trend is suicide. You are trying to "catch knives". I have no signal the Dow is going to move up in the short term. I will let you know if that changes.
 
The trend is your friend. Going "long" when the Dow is in a down trend is suicide. You are trying to "catch knives". I have no signal the Dow is going to move up in the short term. I will let you know if that changes.

Thanks for your help, this trading lark is a bit complicated for me.
 
There is a pivot point resistance level at 26,077 on the Dow. It reached that level exactly today and then fall back from this level. I have gone for a "sell" go short order at 26,041 at 30 contracts. I think the Dow will fall tomorrow because we are still in a downtrend.
 
There is a pivot point resistance level at 26,077 on the Dow. It reached that level exactly today and then fall back from this level. I have gone for a "sell" go short order at 26,041 at 30 contracts. I think the Dow will fall tomorrow because we are still in a downtrend.

I think 66% of traders are going to get lucky today.
 
Just remember guys - the trend is your friend. 10 years of friendship no less!
 

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Just remember guys - the trend is your friend. 10 years of friendship no less!

And that 10 years of uptrend is going to suddenly turn into a severe downtrend and never ending bear market very soon.
 
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Volume technical analysis for the closing price of the Dow on the 8th May 2019
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Camarilla Pivot Points for tomorrow on the Dow based of todays High, Low and Closing price of the Dow.
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That dead Trump bounce was brilliant, a MAGA run, I think we are heading into a large Wave 4.
 
Just closed the "short" position I made earlier and just made a profit of £2,730
 
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On the 3 month 1 day bar chart there is a pivot point support level at 25,722 on the Dow. If it breaks that then the next pivot point support level is 25,088

Dow futures currently at 25,807
 
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