DJIA : Critical 16204
Melbourne Qindex 00:56 GMT 08/27/2015 - My Profile
TECH TALK
Entry: Target: Stop:

DJIA : Monthly Cycle Analysis

DJIA : In the last three trading days the market is trying to overcome the Critical Resistant Barrier at 16207 // 16390. The recent low is 15370.33. As shown in the monthly cycle charts the market is consolidating within the extreme ends at 15321.14 - 16604 which is marked with green colour. The current market movement is unstable and the odds for DJIA to close above 17032 at the end of the month is less than 30%. Sell on rallies is still the preferred trading strategy

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Melbourne Qindex 11:19 GMT August 22, 2015
DJIA : Critical 16204 : Reply
TECH TALK
Entry: Target: Stop:

DJIA : Critical Point 16204

Since a negative signal has been hoisted in my system, the odds are good that the market will head for the Critical Supporting barrier at 16207 // 16390. The current weekly cycle pivot centres are positioning at 15837 – 16070 – 16250 which will as super magnets exerting its effect towards the market movement. When the downward trending movement is strong enough to penetrate through the weekly cycle pivot centre at 15837, Speculative selling pressure will resume again.

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DJIA : Monthly Cycle Charts
http://www.qindex.com/djia.html