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Right, that's my high for the day on Dax. That resistance just below 200 looks like it will hold. Could be a very big level. |
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I actually wanted to show live this heavy resistance area I was looking at, but now that the price has been rejected by it, it's a bit too late. I'll sort out exactly how to provide the link so that everyone can see it, and try again later, or tomorrow. I think it's an excellent way to show other traders what I'm seeing without have to post charts, and also explain stuff over audio whilst I'm doing so. |
One thing I do know is that you have Google chrome to view youtube live streaming. |
Nice drop on Dax. I think today's CP will be a good place to tp if it gets there. May go lower however to S1 where I have pretty strong looking support today. |
110-100 may hold Dax here? |
So S1 @ @ 12,091, should hold Dax for now, and it's the 61.8% fib level as well which should give it added strength. If it does push lower however, the next potential support level I have before S2 is around 12,043, the 76.4% level. |
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Very strong selling this. Looks like Dax is headed for the 040-030 level, or further down to S2? |
Dax broken back above the 61.8% @ 076, so I'll be looking for a further rise, then a higher low before any confirmation that it may have bottomed for today. |
That sharp little push down just now had all the signs of a telltale death throe move, especially as it came straight back up. We will know soon enough. |
Yes, it was one. Look out for these, as they can be a very good indication that the price has topped or bottomed. |
BTW, everyone feel free to post on this thread, it's not just for me. |
Usa is going to open, I have a feeling that price may go up. Instinct! |
Dow's just hit the up-trend support from the 25738 low a few hours back... let's see if it can hold. Support currently at 25792 btw. |
Ahem Ahem! Where are you cat? |
Not sure if 12k BRN can hold support here. Trending MAs still suggest down. Unless we can close above 12050 on 5m |
Hey New to discussion, simply pondering what your contemplations are with respect to Dow when the choice gets through this evening. |
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