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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 680.27-0.5%Dec 1 4:00 PM EST
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To: codfish23 who wrote (92987)5/25/2017 11:54:48 AM
From: GROUND ZERO™1 Recommendation

Recommended By
Hawkmoon

   of 219547
 
This is the weekly DOW over the past 5 years... this is a major breakout of the past 5 year uptrend, so it appears... prices and dates are not included so I can keep the picture clear and visible, but they don't matter, just look at the chart pattern itself... shorting this pattern is only asking for trouble... remember, this is a weekly bar chart which shows this week's action at the moment... an initial breakout, then a double test of that breakout line, and now new all time highs... what more does anyone need to be convinced this market is not going down right now... (okay, okay, famous last words, I get it)...<g>



GZ
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