Dow - Room for Upside

2018年9月14日

The giant has awake last night with breakup two weeks range from confluence zone A with two fibonacci spirals overlapping 26050. The higher high setup will likely to bring YM1! to first target 26431 in the short term. Dow is not far from making historical new high, and that will see market approaching second target, trader please be cautious when price approaching historical high 26684.

E-mini Dow Sep Futures will be expired on 21 September. Open interest in December seen increasing. Sep/Dec spread around 25 points.

2018年9月18日

註釋

Latest development between China and US have temporary brought down YM1!, the current price had seen double top at 26200. Dow is expect to trade between 25800 to 26200 range (confluence zone A).

Current price structure remain correction while trend remain bullish.

2018年9月20日

註釋

Price reached first target in 14 Sep post after strong recovery from trade war concern. The current impulsive swing heading to 26718 (230 points from now).

2018年9月25日

註釋

Dow reached second target and retraced on last Friday. Please refer to latest post for correction projection.

2018年9月25日

註釋

Current correction size between 26677 to 26588, Dow up trend remain intact.