Dow top at 18191.10 for three hours ?
by hendrixnuzzles | May 11, 2015 10:20 pm
Was watching this morning very closely…anyone notice the flat-top Dow pattern from about 9:45 to 12:15? Never saw anything like it,
on a five minute chart there would be fallbacks that would top out precisely at 18191.10, lasted about three hours…anyone got an idea how or why this could happen ??
Source URL: https://www.stockgumshoe.com/2015/05/microblog-dow-top-at-18191-10-for-three-hours/
Disregard….Candlestick program glitch in Schwab chart pattern.
Current market analysis for those interested. Some concern about a correction to the downside, which makes for a possible upcoming buying opportunity and a hold for current buys until the next trend is definitive;
http://joehentges.net/low-adx/
Another good site for a little insight;
http://www.bottarelliresearch.com/newsletters/2015/analysts-see-coming
Hendrix,
Looks like ur glitch was telling you something after all as the market is taking a plung.
Here is where it could end up;
http://inflation.us/us-stocks-to-fall-36-percent-china-stocks-to-fall-66-percent/
Yeah…I noticed that. How ironic…