Chart Abbreviations:

3BC: 3 Black Crows; 3WS: 3 White Soldiers; BeC: Bear Channel; BeE: Bearish Engulfing; BTC: Buy To Close; BTO: Buy To Open; BuC: Bull Channel; BuE: Bullish Engulfing; DCC: Dark Cloud Cover; EnP: Entry Point; ExP: Exit Point; FW: Falling Wedge; HL: Higher Low; HH: Higher High; HM: Hanging Man; IR: Island Reversal; LBB: Lower Bollinger Band; LL: Lower Low; LH: Lower High; LPP: Lock Profit Point; MBB: Middle Bollinger Band; NABOP: Not A Bottom Out Pattern; NATOP: Not A Top Out Pattern; R: Resistance Line; RW: Rising Wedge; S: Support Line; SLO: Stop limit Order; SMO: Stop Market Order; STC: Sell To Close; STO: Sell To Open; T: Target; TSO: Trailing Stop Order; UBB: upper Bollinger Band;

Friday, May 7, 2010

DJI Update



Well, there is a reason why I have line H on chart, now, line H is penetrated, so, it is no longer a support, this means: one day, you will see it trading below line H. When? no idea, how low? That is on weekly chart....

It will spend a few days to complete a bear flag, then, test the low from yesterday, eventually, we will see a close below 9869!


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3 comments:

  1. AnonymousTuesday, May 11, 2010 at 12:35:00 PM PDT

    扯淡啊扯吧

    ReplyDelete
  2. Trend-TraderWednesday, May 12, 2010 at 3:59:00 AM PDT

    Possible!

    Thanks!

    ReplyDelete
  3. AnonymousTuesday, May 25, 2010 at 6:25:00 AM PDT

    5/25 your prediction will come true today!!!!!!!! hard to believe it drop this much....... ---------90ufo

    ReplyDelete

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