DJIA up or down

update, looks like we are looking up a third day of upside,
still way in channel and stoc crossing, prepare for continual trend till upper channel

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Cals wrote:update, looks like we are looking up a third day of upside,
still way in channel and stoc crossing, prepare for continual trend till upper channel

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this one pls post in community trader, not news...i move it for u

oops thanks

Cals wrote:oops [You must be registered and logged in to see this image.] thanks [You must be registered and logged in to see this image.]

cals i think more on up

indeed you are right maxim, more upside to be seen

Cals wrote:indeed you are right maxim, more upside to be seen

actually up or down does matter but is not essential cause no one can predict accurately..what most important for me is hit and run...daytrade wysiwyg...here rm500 there rm3000...at the end of the day..sikit sikit jadi gunung

i will be looking at 1st level resistance,
then upper channel to end the week

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cals give u 1 rep for this

phoenix wrote:cals give u 1 rep for this

thanks boss P, move this thread to BC

still looking at further upside from last nights hammer candle. seeing to get to yellow area if all is well

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cals i give u 1 rep lets hope dj up n we huat

giv cals 1 rep

wah cals huat with rep [You must be registered and logged in to see this image.]

lol, huats rep pocket kosong nia, must trading account all HUATSSS!!
hahah

anyways future points upwards today.. if good news to come by week end or no volatile news from EU end we can see the DJIA hitting the uptrend channel

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haih apologies the weather has gotten to me..
to those who are in the money on those put cw's .. carry on its our ricebowl.

hope the market understands what operation twist really means and go the correct way..

or EU deals with its main problem for now

cheers
Cals

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giv cals another rep

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Cals wrote:[You must be registered and logged in to see this image.]

hmmmm......

wth was monitoring from work... opening drag till -250 points , now at closing the fellow "ham yee fan sang"

load chart when back home later...

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Stocks Advance on Possible EU Bank Rescue

U.S. stocks rose, erasing earlier losses, following a report that European Union officials were examining ways to coordinate the recapitalization of struggling banks and valuations at the cheapest level since 2009 lured investors.
The S&P 500 climbed 0.5 percent to 1,104.76 at 3:41 p.m. in New York after plunging as much as 2.2 percent to below 1,090.888, a level that would mark a 20 percent bear-market drop from a three-year high on April 29. The index started the session trading at 12 times its companies reported earnings, the cheapest in 30 months.
The Financial Times quoted Olli Rehn, European commissioner for economic affairs, as saying there is an “increasingly shared view” that the region needs a coordinated approach to halt the sovereign debt crisis.

thanks for update, sap yi (12)

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waaa master candle lai liow!!

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For DJIA with the better than expected 50k > numbers which turned out 100k odd, this is good sign of recovery for the market. however if you would note the candle on black; market placed an indecisive move. thus we must look for better news out of europe

on the malaysian front
with last fridays malaysian budget tabulated after market hours and market not placing in any upside moves, we see more upside to the klci to breach the 1400 above and staying there. this might be the new support.

after that intensive monday rally market start to wonder where to go ...

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as broken upper trend channel and in channel we look it to either break resistance in top yellow marker or
drop to lower trend channel on lower yellow highlight.