A.
U still think dow will form W bottom based on what u analized on #3 ? See #3 "the best possible move would be...". I agree with W bottom because all TA indicators are topped, VIX TA is bottomed.
Q.
The best possible move would be: print a bull flag pole in next 3 days touching 13600; then spend the next week to complete the bull flag below 13600, between 13400 and 13600; then shoot another flag pole to 14100+, DJI needs to take out 14100 to avoid that H&S pattern, after that a falling wedge from 14100 to 13700 will be a good consolidation move to entering into year-end rally.
• This is indeed not very hard to do at this point, if you consider that CAT/UTX/MO/XOM all bounced off the 200 EMA and ready to set new highs.
U still think dow will form W bottom based on what u analized on #3 ? See #3 "the best possible move would be...". I agree with W bottom because all TA indicators are topped, VIX TA is bottomed.
Q.
The best possible move would be: print a bull flag pole in next 3 days touching 13600; then spend the next week to complete the bull flag below 13600, between 13400 and 13600; then shoot another flag pole to 14100+, DJI needs to take out 14100 to avoid that H&S pattern, after that a falling wedge from 14100 to 13700 will be a good consolidation move to entering into year-end rally.
• This is indeed not very hard to do at this point, if you consider that CAT/UTX/MO/XOM all bounced off the 200 EMA and ready to set new highs.
选择“Disable on www.wenxuecity.com”
选择“don't run on pages on this domain”
