Hanging Men (2nd August 2020)
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More Signs of Weak Markets If you’ve looked at the US Markets over the weekend, you’ve probably seen that ‘hanging man’ candles are much in evidence in the US markets, signifying potential weakness. The UK market is also looking very weak, with increasing signs of a new downtrend starting – evidenced by the break below…
Dow Jones : Island Top (11th June 2020)
Dow Jones : Island Top (11th June 2020) Following on from our discussions last night – during our Wednesday ‘Lockdown Meeting’, and almost as if Paul prompted it, the Dow Jones seems to have formed an Island Top today. I’ve attached the (intra-day) chart from SharePad below… With the news that there are now over…