DislikedNIce multi week Resistance line, been tested for 3 times and formed a nice Inverse H&S patters. Monday is a very important day to show us the next direction on the market.
Breakout of that Resistance line acting as Neckline of Inverted Head and Shoulder formation, and we can expect upper targets @ 10150 - 10366 which is also a Retracement value of FIBO 0.50 from the last drop. However failure to do so (breakout), then for sure, we are going to retest the low again)
Personaly, I believe in my first theory, that from monday the market is going...Ignored
this thing is at a well known resitance and this time it was sold off into the close heavier than on any of the previous days of last week.
dow 15m since monday with markings:
http://img147.imageshack.us/img147/3049/dowom4.png