Quote:
Originally Posted by
bull....
Attachment 11278
DJI bearish wedge pattern on the hourlies , might play out , might not but worth keeping an eye on. meets the criteria under 50% retracement , declining volume.
yes I'm seeing the same thing on all the markets so am expecting a surge up on indices and com-dollars etc (risk on) , followed by spike and down to new lows and severe risk off. However of course this is a pretty common view so as you say may not pan out.
I realised our NZ index is doing so well coz of FPH and ATM actually going up during this time.