DislikedAfter some study about Moutek system, I found it is most of times useful.
Here is what I see on 4H chart. Since the lower trend line is broken the first target can be 233.20 and the second 221.06. In spite of being strictly in oversold condition, because we don't have any shocking news (except U.S GDP on Friday) I think we will see those targets soon.
Good to mention that DJI and GU are still both holding down too.Ignored
Can you post, the indic on your chart, that shows "Down strong".
It's very interesting
Thanks