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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Julius Wong who wrote (56807)7/25/2023 4:08:03 AM
From: Johnny Canuck1 Recommendation

Recommended By
Julius Wong

  Respond to of 69573
 
While agree with the breakout the DOW on the 1 year chart it is also bumping into a congestion level from 2022.



Same call on DOW transports.



I am not saying the indices will not continue to new highs, but some profit taking probably needs to happen first.

In regards to tech there is a lot riding on MSFT, TXN and GOOGL earnings tomorrow.



To: Julius Wong who wrote (56807)7/25/2023 4:26:35 AM
From: Johnny Canuck  Read Replies (1) | Respond to of 69573
 
Counter point to the DOW breakout sticking.



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