Welcome to the TFC Commodity Trading Forum.
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.

TFC Commodity Trading Forum

Re: DOW Clears 270...again...let's try this again *PIC*
In Response To: Re: DOW Clears 270... *PIC* ()

Here we are again above the 270"00"...I like that it came up and through from a 50% retracement. That can be a good thing.

See if we get a 3-4 day test of the 270 breakout and then a run up.

I'd even go for a 7-8 day test but the longer it stays above without a test and run the more likely you get the outcome we had on the previous break above.

Same kind of thing applies to the other indices.