Chariot Share Discussion Threads

[invisage] 01/6/2020 07:28

Chestnuts

Have we formed the double top yet? I am short the DOW...It will roll over eventually!!

[narey] 31/5/2020 07:49

FED to the rescue with access to unlimited money not matter whet the issue is lol

[invisage] 30/5/2020 16:47

Well America is erupting, the streets have gone crazy….and there is a virus...thing are escalating.

[chestnuts] 30/5/2020 16:34

Invisage

Sorry i didnt make my self clear double top at the C wave 25835

[invisage] 29/5/2020 23:31

Andonis


In your analysis do you see an earthquake, war, defaults happening sometime in August this year? Maybe Mid August?

[invisage] 29/5/2020 22:57

Lol Chestnuts why didn't you tell us that when we were 22k DOW ?You kept saying 6k ..Ando kept telling us markets heading higher...As long as the Fed supports the market it wont collapse....6k dow and depression doesn't help anyone40k DOW helps a lot of ppl

[chestnuts] 29/5/2020 22:15

Invisage

Dow could bounce up and make a double top, tonite it as stopped on a 4th wave going up
But it also could be making an head and shoulder pattern.

Gold is on a small 4th wave going down to 1716/17

[invisage] 29/5/2020 18:16

Chestnuts

Did you go short DOW?

Looks like the sell off has begun....June likely to be a hard month me thinks.

[r88ave] 29/5/2020 08:07

Sold gold at 1726 yesterday from 1697 and bought some more at 1720 after minor retrace confirmed this am. I believe the chair of US fed is to be speak today, so could be very interesting day for gold.

The gold momentum now appears to be on the rise as it breaks out the downtrend channel on 4 hour. GLA

[texaschaser] 28/5/2020 17:04

LSE losers

[chestnuts] 28/5/2020 16:13

Invisage
.
I havent gone short yet but if tomorrow we get a re test of the top line of the rising wedge and it holds i probably will go short.

But i am in no hurry

But the market is soaking up bad news and when realisation that the world is in a mess after all every one is still on a long holiday. Realisation will probably when jobs are not there any more.

[jotoha2] 28/5/2020 12:48

Some interesting trades in the last week ! Is Bottom ready to announce transformational news at long last ?

[kash18] 28/5/2020 11:53

Morning Chestnuts and Invisge

strong overnight move, i always thought that only trading hours action counts. Is that wrong?


Im short from this morning from 25812 and looking for 25500, have stop at b/e

[invisage] 28/5/2020 10:40

Markets will fall at somepoint Chestnuts...but do we get a huge melt up before that happens?


Staying short and wrong is a sure way to blow up your account...



There has to be some bad news event with the correct chart setup for the markets to fall hard.....to get in and time that requires a lot of effort and screen watching.


It's an election year, you have a determined Fed and Trump that wants to pump this so they can win the election....

[chestnuts] 28/5/2020 10:28

Invisage

All my targets might as you say blown but percentage wise still not far out,but the price did bounce off the trend line on the rising wedge, i am still confident that the dow will fall big time, but the market is a funny thing. Realisation as not hit the market yet.

[invisage] 28/5/2020 01:07

25769 DOW All your targets blown...time to go long.

[chestnuts] 27/5/2020 23:17

Invisage

I was being rude to you and i will remove the post above please accept my apologies

[invisage] 27/5/2020 23:15

Ok thanks for pointing that out Chestnuts....

The weak Yuan and Chinese tensions are discounted by markets currently...also rally has been on low volume...

[chestnuts] 27/5/2020 23:02

But the 3rd point didnt touch the top trend line any chart can make a wedge with just 2 points ,

[invisage] 27/5/2020 22:56

Here is the wedge pattern on Gold

[chestnuts] 27/5/2020 22:51

Invisage
Gold as not got 3 points of contact on the top line or the bottom line

[invisage] 27/5/2020 22:30

You have the same wedge pattern on Gold.....

[chestnuts] 27/5/2020 22:21

Just look at this rising wedge its amazing how patterns can change so quickly



free stock charts from uk.advfn.com

[invisage] 27/5/2020 21:33

DOW Futs 25618

25707 is just 89 points away..

[chestnuts] 27/5/2020 21:16

Inviage
Its difficult to work exactly where the dow is going but heres another top 25707 because its gone above 61.8% retracement