The Dow H4, See how the 200ema acted as resistance earlier this week, and today it has provided support. This ma now being beneath the price like this should be a bullish sign for next week, although I learnt a long time ago never to make predictions on a Friday about the week ahead. It''s already broken through the H2 200ema, but has the H3 @ 16,450 to get through, and if it gets there and does break through , it has the H4 and 16,600. Dax has just bumped up against its H2 200ema @9,825, and is looking like that may be as high as it goes today.
I'm done. I wish everyone an extremely pleasant and restful weekend away from the screens. Till next week
I'm done. I wish everyone an extremely pleasant and restful weekend away from the screens. Till next week