Dow Archives

If an alien just arrived in the USA he would think that the economy there is roaring at full speed. Probably expecting rather normal interest rates at around 5%, a wealth distributed on a large part of the population and so on.
Wait as this is not the case. The FED signaled a very probable rate cut from current (low) 2.5% on the next meeting at the end of July as the american economy showed signs of tiredness with several macros indicators deteriorating fast.

Target reached.

by truman52000 | Jun 2, 2019 | Dax, Dow | 0

Charts speak better and louder then 1000 words. All the main american indices including NASDAQ are...

Bears are going to be in charge soon

by truman52000 | May 23, 2019 | Dax, Dow | 4

Great month May for me. I am an old school trader and sell in May worked as a charm… I will...

The power of technical analysis

by truman52000 | Dec 25, 2018 | Dax, Dow | 0

I think is just about time to explain why TA (technical analysis) works regardless of the naysayers and fundamental analyst that try to evaluate the “intrinsic” value of a security. Take as example my latest post on DAX analysis (14 October 2018) where succesfully have “predicted” the fall of the index having as target 10300 that will probably reached in the next few days

A few levels to keep in mind (DAX-DOW-GOLD)

by truman52000 | May 19, 2018 | Dax, Dow, gold | 0

One of the most important lines to keep well in mind when trading are undoubtebly historical levels of support and resistance that proved to be key signals for a long or short position. A broken resistance or support or a rejection would give a major hint on the direction of a trade. Trading the smaller timeframes having in mind a broader perspective doesn’t hurt at all.

The economy will be doing just fine forever (and pigs fly too)

by truman52000 | Jan 6, 2018 | Dow | 0

The stock market refers to the collection of markets and exchanges where the issuing and trading of equities (stocks of publicly held companies), bonds and other sorts of securities takes place, either through formal exchanges or over-the-counter markets.