I will be posting daily and weekly charts with annotations here on a regular basis. I also post relevant news that may have an influence on which way the market moves. I do this because it helps me to think about what may happen next in the movements of the DJIA, so that I can play the trend correctly.
Here is an example of what my annotated charts look like:
I created this one on 11-05-08
Here's the Inverse Head & Shoulders chart pattern (bullish) the Dow is showing on the daily chart:
And here is a weekly chart for the week ending 12-05-08
If you like to watch the Dow too, feel free to post your thoughts on which way it might go next.
Happy Trading,
zz
www.market-master.net |
