My Trading Adventure

DOW bearish

CP TEH
Publish date: Sat, 30 Jul 2016, 11:33 AM
CP TEH
0 2,918
All the writings in this weblog are mainly for PLEASURE reading purposes. I am in NO position to recommend a call(BUY/SELL). Please check with those know-hows before you make a decision. Yes, I am just a learner, with only five years experiences in KLSE. So, please BEAR with me.
Following Message


DOW as at 25th July ... MACD pointing down. SHORT.


Updated ... last night DOW down some 24 points. MACD bearish cross-over seen.

Technically .. it is early sign of bearishness ... we shall wait for the 20MA (the red line) as support.

We could see short rebound from here before a correction in place. Watch August ...

Have a nice weekend as I do have 3 classes today.

TEH




More articles on My Trading Adventure
Update : Plantation Stock (JTiasa and WTK)

Created by CP TEH | Nov 24, 2019

Updates on ABMB and AirAsia

Created by CP TEH | Oct 15, 2019

Giant waterfalls : BStad and SPSetia

Created by CP TEH | Oct 08, 2019

Waterfall : LKL

Created by CP TEH | Oct 06, 2019

Oct 2nd : DOW minus 343

Created by CP TEH | Oct 02, 2019

End of Sept : Awaiting the selldown

Created by CP TEH | Sep 30, 2019

Do nothing week : Awaitin' for sales

Created by CP TEH | Sep 24, 2019

23rd Sept : One week to go

Created by CP TEH | Sep 23, 2019

Formula for success

Created by CP TEH | Sep 18, 2019

Steps to be 'successful'

Created by CP TEH | Sep 17, 2019

Discussions
Be the first to like this. Showing 1 of 1 comments

ScrewDriver

Don't short DJIA, it can create new high means there must be strength in it compared to other indices. Why do you short the strongest index? This is dangerous and you might as well get squeezed badly.

2016-07-30 13:52

Post a Comment