imho the dow is hanging on a cliff.
at its current level if it fails to hold 8200 i think the floor gives way.
i think 8000 will be a bump in the road on the way down to 7500-7700 and maybe lower if that happens.
if it holds here we could see a retest of 85 and possibly 89.
hopefully pa will give us a clue.
this is not trading advice im just sharing my thoughts on a market i know well.
i could be dead wrong.
at its current level if it fails to hold 8200 i think the floor gives way.
i think 8000 will be a bump in the road on the way down to 7500-7700 and maybe lower if that happens.
if it holds here we could see a retest of 85 and possibly 89.
hopefully pa will give us a clue.
this is not trading advice im just sharing my thoughts on a market i know well.
i could be dead wrong.