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DOW rally

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The Asian markets performance this morning confirms that last night's rally was definelty a bear market rally. We in trouble boys and girls
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2 REPLIES 2
Shard
Super Contributor
Lol steel, tell us something we dont know. I want to know when its all going to fall over. Hoping the DOW will hold steady today, not up too much but not in the red. If that happens, fear and panic should kick in again tomorrow, meaning I can go short tomorrow morning before it opens.
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venice
Super Contributor
My 5c worth. There isn't one thing about this rally that indicates that it is a bottom. We are in a bear channel every time we hit the trendline down we go. I will only be long this market once we are out of the channel and we have tested the channel i.e resistance becomes support.Till then sell the rallies.
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