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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: codfish23 who wrote (92987)	5/25/2017 11:47:46 AM
From: GROUND ZERO™	2 Recommendations Recommended By Investor Clouseau SGJ Respond to of 219538

The volume and advancing issues are driving this market right now, and I don't think it's temporary... the weekly $ADV turned upward for the first time in 10 weeks, that was the signal this market is serious... all the shorts are going to be very disappointed... GZ

To: codfish23 who wrote (92987)	5/25/2017 11:54:48 AM
From: GROUND ZERO™	1 Recommendation Recommended By Hawkmoon Respond to of 219538

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