Is it me or is the trend line on dow....

What's the obsession with calling a top in oil? It's not just you, seems everyone is doing it..

Quote from PaulRon:

I think the dow will trap a lot of shorts when oil starts its length decline next week
 
Quote from simon1080:

the uptrend line since 1982 on the dow is broken?

That could mean disaster is upon us!

Newsflash - prices over the next 6 months do not have anything to do with a line drawn on a chart from 25 years ago.
 
Quote from Cutten:

Newsflash - prices over the next 6 months do not have anything to do with a line drawn on a chart from 25 years ago.


NewsFlash - prices over the next 6 months do not have anything to do with a line drawn on a chart for the most part if at all
 
Newsflash I think the purpose of a trendline from 25 years ago, is what it represents when it is broken. That there is a fundamental shift etc, some people need visual confirmation i suppose.
 
Quote from simon1080:

the uptrend line since 1982 on the dow is broken?

That could mean disaster is upon us!
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Well , with 50 day, 200 day moving average down sloping;
probably not just you Simon108.:D
 
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