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Dow / Dia Thoughts


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#1 Mr Dev

Mr Dev

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Posted 26 February 2007 - 10:58 PM

Be a Nimble trader with this chart,

I personally like to focus on Breadth,..but Volumes is no slouch, take whichever one crosses

the O-line first so you capture gains and avoid losses.

This also means no matter if it is going UP or Down because there aren't that many signals that a trader couldn't go

both ways.....please see chart for TODAY'S Down Cross!

This said the Dow 60-120 chart is at support, where it has been bouncing,..no SPIKING HIGHER, the whole BULL

RUN over the last 8 months, that said this VOLUME chart is showing a SIGN that IT HASN'T SHOWN US during

the last 8 Months.

Enjoy ;)



DOW Breadth Momentum & Volume Momentum
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Mr Dev

......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!