new York open will be very interesting I am expecting a rally to 800
Dislikedthe downward strength does not appear as strong as last night and it will be interesting to see what the New York open brings I would not be surprised if it rallied back to 800.Ignored
DislikedThat was an emphatic rejection off the the 30m 200ema/sma on dax, both of which I have together @ 145. Potential support levels below today's CP are the new fib levels, which are now - 50% @ 054 61.8% @ 034 76.4% @ 008Ignored
DislikedThe Dow is now down more than a 1000 points from the top. This could mean that it's time for a breather soon. The boys tend to like big swings in multiples of 250. 25650 does look like a potential bottom. If so, look for retrace to 26100ish before the big drop. EDIT: So another 100 points down, and the bottom seems to be in place. Rally tomorrow, dump on Monday? Twt. {image}Ignored