11/02/2008

Easy Dow Jones Industrial Average



Check the chart, the red line is EMA 50, Yellow line is EMA 27.
So far, there are 3 rounds of dropping, look at the chart and the rebounds, do you find any order of the pattern?





If you still didn't find any rules or oders, it's ok, let me put the A B C separately and add a MIDAS line from the trend start point and the lowest point which are indicated in the chart as 1,2... Check those charts, do you find any order now?










So where do you think Dow would be heading next week? And where would be heading two weeks later? And how to know its direction when reaches EMA50?

No comments: