Dow TOP call - 10yr top formation done

Status
Not open for further replies.
If the pattern does turn out to be a Diamond, then it would nicely explain why traders generally had a hard time lately. Within the diamond the waves are hard to read and this should be expected, but generally only in hindsight.
 
Quote from deadbroke:

The Diamond reversal formation that crippled the DOW at the 2000 and 2007 TOPS. This chart is shown on weekly so I could get all three Diamonds into one view. But the current Diamond will be shown on Daily next.




Uploaded with ImageShack.us
More...

Wut shnekk oyle be ye tryan two shell hear? Ze 2000 un 2007 tophts wore kleerly hezagone fermentations. Zis must reesent wand be eh pendagone fermentation, mateee.... argh....

attachment.php
 

Attachments

Quote from deadbroke:

If the pattern does turn out to be a Diamond, then it would nicely explain why traders generally had a hard time lately. Within the diamond the waves are hard to read and this should be expected, but generally only in hindsight.
More...

Say you get your rare diamond pattern, how much money will you make?
 
Quote from gettinglucky:

Wut shnekk oyle be ye tryan two shell hear? Ze 2000 un 2007 tophts wore kleerly hezagone fermentations. Zis must reesent wand be eh pendagone fermentation, mateee.... argh....

attachment.php
More...




I noo you'd take the bait!!!!!!!!!!!!!!!!!! :D :D :D

Here's some warm up practice ...

you have 6 equal size matchsticks. How many equilateral triangles can you make?

(Note: it was expected that a HERD member would come up with the Hex. and Pent. :) )
 
Quote from deadbroke:

OK, I'm putting this out there waaaaay in advance. The next Dow Jones move(s) on 60-min. is shown including Fatter Finger The dashed lines are just approximations ...




Uploaded with ImageShack.us
More...


Just a reminder .... the pattern shown above on August 18 is still in play. Yes, wave "b" can make a lower low.

Dow down marginally today, Aug 23 @ 10,214, after giving up gains ....

current 60-min. updated from above, haven't changed a thing. :)




Uploaded with ImageShack.us
 
Quote from deadbroke:

My dollars and Yen will become golden paper. :D
More...

I thought we are trading the Dow here! I think AUD will decline if your call is right though.
 
Just a reminder ...


The following have already broken below the July lows


SOX (PHLX semiconductor Index, bad news for Nasdaq)

Nasdaq versus S&P (more bad news for Nasdaq)

Small caps versus Large Caps (Top might be in)
 
Status
Not open for further replies.
Back
Top