Yeah Robbbbbbb,
Would be great if it plays out (10,795)......lets see what comes it hey and bring this thread back around Chrissy.
Good stuff Pete,
I like your thinking.
Only one thing I picked-up on Pete, is that it's actually Stochastic (Stock-as-tic) and I'm not taking the p... out of you. I think your right though, that DOW is being drawn to the low 11,000's from there it may get interesting.......
OK, here's my take on the XJO.
If we have some weakness on the DOW this coming week then the head and shoulders pattern might play out with the downside target being 4440ish. If get more strength on the DOW this week, then we may be able to punch through 4870ish and onto the next target of 5089ish at the same time the DOW would be around (10,795ish).
These are my thoughts and trading strategies, which have been kind lately, lets hope it continues.....You can tell I'm a BULL at heart....lol
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