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A Dow Breakout ?


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#1 Frac_Man

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Posted 29 July 2009 - 06:44 PM

The Wednesday 7/22 3:00 pm ( 30m ) Child Fractal for the DOW has completed a Parent Iteration at the close. It was confirmed by a double bottom , this would be the stop to go Long near 9020. The same fractal appears within the SPX but there was a small throw over and then it rallied. On Thursday 7/23 the markets exploded to the upside. I believe tomorrow is Thursday. IF PRICES HOLD ON THE OPEN ...... THEN A LONG POSITION MAY BE CONSIDERED

#2 nicolasillo

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Posted 29 July 2009 - 06:49 PM

are you sure it s thursday tomorrow?

#3 IYB

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Posted 29 July 2009 - 07:19 PM

are you sure it s thursday tomorrow?

He means tomorrow is last Thursday. <_<
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#4 milbank

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Posted 29 July 2009 - 07:53 PM

are you sure it s thursday tomorrow?

He means tomorrow is last Thursday. <_<

I sure hope you are right Don because Thursday is "Trash Can Roll-Out Night" (the garbage trucks come by to pick up the trash on Friday mornings).
I rolled out the trash last Thursday and if tomorrow is last Thursday then I don't have to do it tomorrow because tomorrow is last Thursday right? :blink:

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#5 da_cheif

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Posted 29 July 2009 - 08:31 PM

The Wednesday 7/22 3:00 pm ( 30m ) Child Fractal for the DOW has completed a Parent Iteration at the close.

It was confirmed by a double bottom , this would be the stop to go Long near 9020.

The same fractal appears within the SPX but there was a small throw over and then it rallied.

On Thursday 7/23 the markets exploded to the upside.

I believe tomorrow is Thursday.


IF PRICES HOLD ON THE OPEN ...... THEN A LONG POSITION MAY BE CONSIDERED



thanks for your informative post......i appreciate it...... ;)

#6 milbank

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Posted 29 July 2009 - 08:45 PM

Seriously, I see nothing to compare today to last Wednesday. Close July 29th: 9,070.72 -21.620 Volume: July 29th: 5,178,770,000 Close July 22nd: 8,930.23 +17.840 Volume July 22nd: 4,634,100,000

"The power of accurate observation is commonly called cynicism by those who have not got it."
--George Bernard Shaw


"None are so hopelessly enslaved as those who falsely believe they are free."
--Johann Wolfgang von Goethe


#7 Tor

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Posted 30 July 2009 - 02:43 AM

The Wednesday 7/22 3:00 pm ( 30m ) Child Fractal for the DOW has completed a Parent Iteration at the close.

It was confirmed by a double bottom , this would be the stop to go Long near 9020.

The same fractal appears within the SPX but there was a small throw over and then it rallied.

On Thursday 7/23 the markets exploded to the upside.

I believe tomorrow is Thursday.


IF PRICES HOLD ON THE OPEN ...... THEN A LONG POSITION MAY BE CONSIDERED


I confirm you were correct in your assessment of the day of week :lol:
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