Tuesday, October 7, 2025

What the Markets Can Go Down?

10/7/2025 


 Above is a 30 minute chart of the DOW the last 10 days. Very short term we have a double top. Is this significant or just a hiccup on the way to higher numbers. We do not have enough data to tell, yet. However this is occurring at an extended overbought phase of the market

Daily


 Here is the daily chart, this is not enough pf a correction to change the trend, patience.

TBF is developing no further changes.

Silver


 Again not enough to say the trend is ove rbut the RSI at rop and PMO at bottom are screaming the party is over. 

It is possible that silver gold and stocks will top together. This is evidence the downturn in stocks may be something bigger.

See my desel post earlier about crude oil. Oil is at a crossroads.

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