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TFC Commodity Trading Forum

Re: DOW *PIC*
In Response To: DOW *PIC* ()

Technically it's a break to the down side. Always wait for a test of any line broken. it caught itself yesterday and attempted to set up a test. See if it comes all the way back to the up-trending line for a test. Price bing bangin between 240(2/3rds of the circle) and 270(3/4's of the circle) with price solidly below the halfway point at 255. My guess, she goes to 240 and bases for a little before we see if it really tanks.

I reserve the right to be wrong. 😝