‘Dow Jones World stock index’ Archive

Life Begins….

If these major markets can break above key Fibonacci resistance in the chart below, investors will most likely “drive prices” to a much higher level! CLICK ON CHART TO ENLARGE Where does “price life begin?”  On breakouts!!! Game plan…Will be a buyer with a stop on an upside breakout!

Who is knocking at the door???

Knock, Knock….Who’s there?  Uncle Fibonacci!    No JOKE !!! On 4/13 I shared it was time to “BE PREPARED” (see post here).   The patterns and Fibonacci resistance suggested to protect and be PREPARED TO HARVEST.  The market peaked 10 days later (4/23) after gaining less than 3% more.  Uncle Fibonacci is knocking at the price [...]

Pushing above resistance…

Below is an update of some key major index’s. Three of the four are breaking resistance! Interesting to see the NYSE index pushing above resistance prior to the 500 index!  If this was a Friday, “Joe Friday” would say,  so far the 500 index and NDX have NOT broken resistance…”Just the facts!” Game Plan…If you consider [...]