new York open will be very interesting I am expecting a rally to 800
Carpe diem: Intraday tactics for Dax and Dow 54,552 replies
MT4 broker offering DAX, DOW, Oil & Major Indices 18 replies
Stocks index trading journal: sp500, dow, nasdaq, dax, ftse 15 replies
Analyzing Dow, Dax, FTSE, etc 50 replies
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