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S&P 500
5,460.48
(
-0.41%
)
US TECH 100
19,181.60
(
-0.43%
)
Dow Jones
39,118.86
(
-0.12%
)
Brent Oil
84.85
(
0.00%
)
Bitcoin
60,851.11
(
0.89%
)
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techcharter

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techcharter

Re: None

Thursday, 11/18/2004 6:10:30 PM

Thursday, November 18, 2004 6:10:30 PM

Post# of 51805
Markets topping.

The DIA momentum is rolling over. The bollinger bands are gaping wide. The price is failing to keep up with the upper bollinger bnad. Stochastics are rolling over in extremely overbought levels.

I think the past few days have been an ending diagonal. A little push above 10600 in the DOW should do it. Action following an ending diagonal is sharp drop. Immediate downsize bounce level is 10400.

http://www.investorshub.com/boards/post_new.asp?board_id=2593



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