Gone are the magic Fridays when the price index was bought by magic hand.
Last week was positive and set a new high, but recently the traders made cash at the end of the week. .
It seems as if they just wanted to show strength and push some short positions out of the market.
Unfortunately the weekly candle has no meaning and does not provide any incentive to buy.
Perhaps the index offers us even smaller incentives and forms new PGs.
Performance H1 PG 29126 = 403 points
Performance H1 PG 29047 = 482 points
Vorbei sind die magischen Freitage, an denen der Kursindex wie von Zauberhand immer wieder gekauft wurde.
Die letzte Woche war zwar positiv und hat ein neuen Höchststand gebildet, jedoch wurde zuletzt aber auch wieder ordentlich Kasse gemacht.
Es scheint als hätte man nur Stärke beweisen wollen und einige Short Position aus den Markt zu drücken.
Die Wochenkerze hat aber leider keine Aussagekraft und setzt keinen Anreize für Käufe.
Vielleicht bietet uns der Index ja noch kleinere Anreize und bildet neue PGs.
Performance H1 PG 29126 = 403 Punkte
Performance H1 PG 29047 = 482 Punkte
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STOPTo support your work, I also upvoted your post!
dow jones now seems to be a market running on its own....
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Yes he give the direction to the world market's but sometimes the other markets don't follow.
I miss the power friday, it was a great chance to make profits.