InvestorsHub Logo
Followers 24
Posts 2281
Boards Moderated 0
Alias Born 06/03/2004

Re: None

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

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

Post# of 51804
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



Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.