dow longs were triggered today when 8407 was violated. we are currently long with stops at 8445 today. 100 points thus far. still falt the nasdaq in the channel.
thanks for checking it out ! i was advised that a Q & A format does not constitute "advertising" as defined by the sec. yeah, i thought it was cool mixing the oasis with noise from the sp pit. "hop on the rollercoaster, a thousand times today, you gotta be bad enough to beat the brave, fade em........" great hang gliding pics by the way!
well, it appears that the dow will gap against our long position this morning. therefore, we are invoking and tweaking the gap rule. will be using 12 minutes instead of 10 today. will mark the low of the the first 12 minutes of trading, if this low is violated after 12 minutes , long position closed. if not , hold longs.
our stops were activated and we closed the long dow position with a small profit. the next gann channel we will be trading on the dow is 8477 to 8355. still flat the nasdaq in channel.