Bert Dohmen Chart Guru 3PEAK TOP

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The DJI has formed a 3-peak, with bearish divergences on the indicators. These are usually seen at important tops. • If you enjoyed the analysis in this video and would like to learn more about Bert Dohmen’s current outlook, click the link to download his latest FREE report on the various bubbles in the global markets right now. http://bit.ly/1erFp3p • Subscribe To Bert Dohmen’s YouTube Channel: https://www.youtube.com/c/bertdohmen?... • Sign up for Updates Special Offers from Dohmen Capital: http://dohmencapital.com/sign-up-for-... • Connect with us on LinkedIn: / bertdohmen • Follow us on Twitter: / bertdohmen • Like us on Facebook: / dohmencapital • Auto generated Transcript by YouTube • this is Bert Dohmen with Bert Dohmen’s chart guru welcome today to our October 3rd this is an important time and markets future today the dow jones industrials index chart this is a daily chart each and vertical line here is one the trading you can see here or after the election November which was a surprise loggers way became very bearish because the outcome and the stock market forceful everyone stock market has been by since that time for Speed any internal gonna market was in mid me think this was medium-term top the market and everything since that time has been distribution pattern this division is what a pic smart bunny cells you money managers there are plenty of those so what we have them it apparatus year the big money start selling cells about positions and then about him the boost he market again because they have more something to do and you can always sell large quantities of stock market is rising and that's what we saw here and this was a more about you rise and this is how you can't tell if its distribution the decline is a higher volume and subsequent rise said distribution okay so there's less find being done here then they were selling being done year edit them we had another decline this was have your volume that we had a rise in September which fooled everyone lot of people readies for the first two weeks and at this was also on or valium it was capped here but this one day big rise Federal Reserve decided not to reduced their quantitative easing and that was it super ball track and we said it at that time this is sorry artificial and as we saw now that was the actual day this is a very sick itself alright so you don't look at anything out and since that time course the market decline and doubles keep on talking about all the beautiful stuff that you should be fine well we would okay active courses I was up to you here we to swelter and rhyme and as we get closer to the strength by should be a bounce in a market probably go up here one-third after retracement did decline or maybe up to 50 percent retracement and them the market will start going down again once it breaks to strength train here then of course you we start watching out law and you know there are lots of ways to make money and the declining market love decrying markets it makes so much more money is so much faster something short of buying infers ETS so let's look at are stochastic indicator it this is a special stochastic and when the crisis over here we get a cell signal across all over again we get a bicycle crosses over here to her get a cell signal you know and you can see here 0 been for the city segments where get a bicycle here that was right here in the market and we get a cell signal here and there was Rep okay so the signals by himself just use a mechanically they work pretty well nothing's perfect of course but right now we have all indications technically at that we have made it up a 1-2-3 p is very important for overhears this is always turn out to be a super cell signal at an important market app in 1 2-3 P guess when its biggest higher than the last one in index but its its company by in here speaking straight bi nor -ism each time and here we can see that juror trend line here connect and his two peaks you can see that each time indicator is weaker so this is a typical distribution battered and here this upside breakout was actually false breakout in as long time subscribers Arsenal fault upside breakout to meaningful declines downs so that's all for today we're going to be updating much more frequent here in the near future because there's so many things that will be happening so stay tuned if you want know how to profit from these moves into markets using our subscription services just got to on capitol outcome and look at our trading services especially at the Wellington better which were doing for over 35 years it's one of the oldest publications around and dad alone speaks for the quality thank you very much for joining us today this is Bert Dohmen signing off

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