Heute wird sich herausstellen, ob es eine Fake-Rally war, im Moment und mit dem starken Ausgang gestern, herrscht vorerst ein bullisches Signal vor... Evtl. bietet sich dadurch, wenn die Amis gestern wirklich einer Fake-Rally aufgesessen sind, im DAX eine wunderbare Short-Entry Situation... wird ein spannender Tag!!
| Updated 8/18 for Thursday's market. |  | ||||||||||||||||
Rally ContinuationDow trends higher throughout session, gains 110 points for the session.From prior commentary, "...The Dow closed the session slightly higher today, and continues to approach the key upper channel boundary at 10,050. We could see another big sell-off at the upper channel boundary, but a break should provide an equally powerful move..." The Dow reversed sharply off the early morning lows today, getting a big move higher throughout the session worth 110 points, as seen in the 15 and 60 Minute Charts. The index hit the upper boundary of the major downtrending channel at 10,050, and eventually got an upside break through the level, sparking further strength into the Close. The Daily and 60 Minute Charts show the index has now gotten an upside break through the major channel at 10,050, which could be the first significant sign of a likely uptrend. If the index can continue to hold above 10,000, we could see a continuation pattern form to indicate further strength in the medium term. An upside push through 10,000 would also imply strength. However, we could still see a reversal back into the channel's boundaries. A downside break through 10,000 will indicate early weakness. Short Term Dow Short term, the Dow is trending higher above a clear lower trend line, which has formed beneath the lows of the prior three sessions. A downside break of the line at 10,020 will make for weakness tomorrow morning. Medium Term Dow In the medium term, we barely stopped out of Longs this morning at 9,950, giving us a 67 point gain. We are now out of the market, and will watch 10,100 up, and 10,000 down; using 20 point stops. NASDAQ & S&P The NASDAQ and S&P each rallied off early lows today, closing the day at session highs. Look for a likely continuation pattern to form to indicate further strength. * Summary The Dow closed the session higher, as the index rallied off the morning lows and through the upper channel boundary. Look for the index to form a continuation pattern tomorrow, as the Dow digests the recent three-day move. Watch 10,100 up, and 10,000 down tomorrow. Thanks for listening, and Good luck in your trading! Ed Downs with assistance from.. ** Note: We are now posting Index entries and exits in Real Time, through our new Intraday Index Alerts service. To learn more about the service, visit SignalWatch.com and select Intraday Alerts from the main navigation bar. - SW Team _________________________ |
| ||||||||||||||||
Gruß: PARO
**** www.scalpgroup.de ****
