15m 200ema touched now on this dip, which held yesterday and overnight. Will it do so again, or are we going lower? I don't see it going too much lower today, but I could be wrong.
If Dow does push lower, then S1 pivot today looks like potentially strong S, as it sits on top of the H1 200sma which sent the price back up yesterday, which in itself doesn't mean much, but it does still look like a support level if this 15m 200ema is broken.
BTW, my S1 is @ 515 on Dow. If it breaks, she really could fall deep all the way to S3 @ 415.
This will be my last post on this thread. For those who are interested in trading the Dow and the Dax, you are welcome to join me on my new interactive thread.
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