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Strategies & Market Trends : Point and Figure Charting
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To: Ms. Baby Boomer who wrote (28533)4/3/2017 10:54:20 PM
From: Fintas  Read Replies (1) of 34802
 
History shows some have to be dragged out.

I don't concern myself with those who play with OPM.

Here's a chart of the DJIA that shows the selling today. Once again it's bouncing off a 50 DMA.

Yes it reversed itself but that's not what I am focussing.

I can give them a turn and game how high understanding that at some point MR DOW is going to tag that 20400 to go lower to areas clearly seen.

Yet using a much larger VB than what is seen here.. Well I've put them up for any who want to view.

UNTIL.. I sleep with one eye open.

Fintas

20,692.34 Low: $20,517.82 Last: $20,650.21 Volume: 0 50 day MA: 20,549.01 150 day MA: 19,421.71 200 day MA: 19,133.94 Delayed Quote $20,650.21, Change: $0.00 (-0.00%)

Bearish Price Obj: 20150.000Bearish Reward to Risk: 3.34

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