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DOW JONES As of 12.07.16
US Session Update
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Record highs for the DOW Jones Industrial Average so far has been 18 new highs out of 22 up trading days. As most analyst have started counting the strength of the Dow Equity index as it moves closer to the end of the year 2016. The relentless climb now called as the 'Trump Rally' has had many main-street investors wonder when it would end and /or when would they have a chance to ride-on to this rally from a market correction.
With barely a few weeks into the season's holiday and the new year; it may seem to be quite impossible to reach out at this premium levels. However, is the stock market almost at the end of it's tail? is what most 'Nay Sayers' have been so outspoken then from the last three (3) shake-outs that created a cloud of market 'Uncertainty' contrary to market sentiments that we have identified since August 30th of this year.
Its not who called it first, but the fact remains that the market trend direction has been reinforced by 'secular' market forces dominantly present has to be respected! Instead of trying to call a market reversal as early as the 2nd quarter of 2016. So far it has not happened and is still making newer highs.
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Now that we made our call, it's about time that you make yours as well. We, @megatrade101 do share our market insights to the best of our ability so we can see your trading success as a reflection of our trading fulfillment!
ReplyDeleteAs your trading success is our true to life 'Success Story!' which we do not have to publicly declare. Only the best of your trades!
When there are market drivers; then there are surely distinct drivers for trade consistency & profitability.
ReplyDelete#technology #Price_Action #Alternative #Strategies #Timed_Execution
Another Reference even last Nov 10, 2016 All the signals were present for a bull market awaiting for the next wave higher! We certainly hope that most of you or even a few of our loyal viewers would have taken this ride from the time we called it. Only the best for your trades!
ReplyDeletehttps://megatrade101.blogspot.com/2016/11/dow-sp500-outperforming-market_10.html?spref=fb
Behind #DOW's Rally, Extension & Range Objective
ReplyDeleteAt this point of time, ironically one of the biggest factors of the Dow's rally is led by Goldman Sachs Group (GS) contributing most of the gains since last week. Apple (AAPL) shares and United Health Group (UNH) rose 1.58% & above 1.00% respectively.
https://twitter.com/MegaTrade101/status/808709371832078336
Update: As of January 25, 2017 - #DOW 20000 Finally Arrives. Not necessarily is a Silver Platter. Taking a stand a week earlier was not too bad after all! PATIENCE IS KEY!
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