how do you see the dow index going today Dow Jones and S&P commentary: Signal Watch Dr Bob Hard Right Edge Raptor Research Charting by Snoball: Dow Chart S&P Chart Drinks & Break Time at: GD's Famous Tea Room & Watering Hole"

DOW JONES @ LIVECHARTS

afternoon everybody:
Dow has had a bit of a fall so far lets see what its going to do.So far the short has paid well and have locked in profits.

rgds
zarif

Dow certainly gave a wow at the end on the long which i opened after closing the short for a gain of 75pts and 60pts on the long. Enough for today.
the fx eurdoll and cable gave a tidy return aswell.
Good friday will certainly be ggod

just watching now.

zarif

It works every time. I call it long and the Dow falls.

Afternoon everybody:
The jobless figures were good (better than expected).The dollar is strengthening against the eurdoll and cable.The dow futures are up.GE is showing double digit gains etc etc etc.All bullish scenario so far today. So what are our views? Mine is that it is going to climb high today-would not surprise me if we get past 10600 -10650 and than hopefully splat down.Good friday tomorrow and with the long weekend break reckon the volumes will be slight and hence more motility in the market behaviour.
Let the market decide your moves and jump on the bus whether its going downtown or up country.
trade safely and wisely.

rgds
zarif

I'm short the S&P, why? - see the chart.

Still short the S&P.

Still short the S&P.

afternoon everybody:
Just got in and about to have a peaceful cuppa (the kids are off school and its like WW111 in the house.)
The dollar is giving the Euro and Cable a pasting today so the First real trading day starting on the Ym today -Wonder whats in store for us.My view is that it will be consolidating and than make a move up or down ( i feel it might be pop and drop scene).
Anyway we will let the market decide our actions.Go with the flow as they say!!!

rgds
zarif

Hi zarif.
My short was stopped out at break even and now the S&P is down 15!
18 below my trade.
Sometimes I wonder why I bother.

It's just gone through my target now.
I'm done with stops. They lose me more than they are worth.

Short june spx @ 1131.4.

Closed the spx june short for 6.4 points (1125).
Nice change to have a winner.

The Trin is at 4.59. That's unusually high, isn't it?

I have noticed it as high as 11.5 today, as you say thats not normal

It doesn't seem to be affecting the price much either.
I wonder what that's all about.

So, once again spx rises to the close as the short term shorters take profits. Will it rise after the open again tomorrow for another short?

Both INDU and SPX are testing the 38% Fib retracement from 5th April high and 24th March low.
Tomorrow should be interesting.

Afternoon everybody:
I wonder whats in store for us today.Lots of info results coming out today but the main one being the michigan sentiment.As usual go with the flow and let the market decide our actions.

snoball:
How are u keeping? fine i hope and trading ok.Market seems to be consolidating but is giving reasonable long and shorts.
Also just to let you know that the dax chart is not uodating.

rgds
zarif
trade wisely and safely.If in doubt stay out. remember having a no position is a position of merit.

Hi guys, Dow looks positive for a decisive break above 10430 today following on from several days of pullback from resistance. Nas is slowing pace of advance but assume it will catch up later in session for a sustained positive close without retracement to day lows.

EPIC Name Type Close S3 S2 S1 Piv R1 R2 R3
INDU Dow Jones IDX 10397.46 10166 10274 10335 10383 10444 10492 10600

stv: just copied this from the pivots thread by briantrayda.
watch the pivot point is at 10383 and r1 at 10444 etc.

rgds
zarif