My Trading Adventure
DOW bearish
CP TEH
Publish date: Sat, 30 Jul 2016, 11:33 AM
CP TEH
0 2,918
All the writings in this weblog are mainly for PLEASURE reading purposes. I am in NO position to recommend a call(BUY/SELL). Please check with those know-hows before you make a decision. Yes, I am just a learner, with only five years experiences in KLSE. So, please BEAR with me.
DOW as at 25th July ... MACD pointing down. SHORT.
Updated ... last night DOW down some 24 points. MACD bearish cross-over seen.
Technically .. it is early sign of bearishness ... we shall wait for the 20MA (the red line) as support.
We could see short rebound from here before a correction in place. Watch August ...
Have a nice weekend as I do have 3 classes today.
TEH
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
ScrewDriver
Don't short DJIA, it can create new high means there must be strength in it compared to other indices. Why do you short the strongest index? This is dangerous and you might as well get squeezed badly.
2016-07-30 13:52