DJIA : Major Cycle High at 12418

Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

Forum Policy

Return to Index

TFC Commodity Trading Forum

Melbourne Qindex 11:05 GMT March 11, 2011
DJIA : Major Cycle High at 12418: Reply
DJIA : Major Cycle High at 12418

It is likely that we have seen a major cycle high around 12418 in last month at February 18. As shown in the monthly cycle charts the bias is on the downside when the market is below 12239. If the market downward trending momentum is strong enough to penetrate through 11833, the market will head for 11427 later this month.

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

DJIA : Monthly Cycle Charts

Forum Policy

Return to Index