Big Resistance coming up for Dow Jones?

Discussion in 'Technical Analysis' started by bestoptimizer, Sep 17, 2013.

What happens next?

Poll closed Sep 24, 2013.

  1. Dow Jones makes a lower top and starts a wave 3 down and heads to 14500-14000 support

    2 vote(s)
    100.0%

  2. Dow makes a new high

    0 vote(s)
    0.0%

  3. Dow moves in a range

    0 vote(s)
    0.0%
  1. bestoptimizer

    bestoptimizer

    Interesting resistance coming up if Dow Jones closes around here.
     
    #1     Sep 17, 2013
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  2. Trader.Fighter

    Trader.Fighter

    May or may not hold :)
     
    #2     Sep 17, 2013
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  3. bestoptimizer

    bestoptimizer

    Hmm ... even with the FOMC thing?
     
    #3     Sep 17, 2013
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  4. Laissez Faire

    Laissez Faire

    Nah...

    I think you'll have to wait for the test of the prior top.

    :)
     
    #4     Sep 17, 2013
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  5. bestoptimizer

    bestoptimizer

    OK. My bet's on the resistance.
     
    #5     Sep 17, 2013
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  6. bestoptimizer

    bestoptimizer

    It's kicking in now. Only the power of any unexpected BIG good news can save the index and break the line.
     
    #6     Sep 18, 2013
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  7. Laissez Faire

    Laissez Faire

    Chart update?
     
    #7     Sep 18, 2013
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