Dow Jones Weekly Buy Signal

2024年2月26日

After two weeks of consolidation at a rising weekly 21ema, last week's weekly candle broke and closed above both. I don't really see any pullbacks coming soon. First target is of course 40,000 but I plan on holding for awhile as I believe this move just got started. I can see 50,000 in the future as well.

2024年2月26日

註釋

The market seems to be making 96% legs in each run up.

A 96% leg for right now will put Dow at 64,000

2024年2月26日

註釋

The quarterly chart had a bullish engulfment right at the rising 21ema.

2024年2月26日

註釋

This is such an obvious bull flag, how could I have been so dumb? I am flabbergasted how wrong I was.







Completion of Bull Flag is Price level 67,000