Chart 1
Dow Jones Ireland Stock Index: 24 June 2014, Tuesday,12.10am Singapore Time
Chart courtesy of StockCharts.com
Dow Jones Ireland Stock Index tracks closely to the Irish Stock Exchange Overall Index, ISEQ.
Technical Analysis of Dow Jones Ireland Stock Index is as per illustrated in Weekly Chart 1 above:
+ Escape Wave created by the ECB has ended at the Price Satisfaction Zone (PSZ) of 350 points.
+ A major top has formed.
+ Ireland Stocks and Equities Markets are in transition to bear markets as per warned by the funds flow analyses.
+ Escape Wave created by the ECB has ended at the Price Satisfaction Zone (PSZ) of 350 points.
+ A major top has formed.
+ Ireland Stocks and Equities Markets are in transition to bear markets as per warned by the funds flow analyses.
Donovan Norfolk Technical Rating:
Bearish
Bear Market Transition
(Sell on Rebounds)
Bearish
Bear Market Transition
(Sell on Rebounds)
Chart 2
Dow Jones Ireland Stock Index: 24 June 2014, Tuesday,12.20am Singapore Time
Chart courtesy of StockCharts.com
Secular Term Time-frame Technical Analysis of Dow Jones Ireland Stock Index is as per illustrated in Weekly Chart 2 above.
The Secular Bear Market Confirmation has been executed with success.
The Secular Bear Market Confirmation has been executed with success.
Donovan Norfolk Technical Rating:
Bearish
Bear Market Transition
(Sell on Rebounds)
Bearish
Bear Market Transition
(Sell on Rebounds)
Click "Share" on the Facebook icon at the bottom of this thread if you like it, or
if you would like to start a discussion about it with friends on your Facebook Wall.
No comments:
Post a Comment