DOW

I remember the drop on wall street when the twin towers were attacked. My US shares dropped a third very much of a reality. Took a year or so to recover their value.

Reports of explosions at the white house and Obama being injured...

That would definitely do it!

www.bloomberg.com/news/2013-04-23/dow-jo...ap-twitter-page.html

That drop was a bit crazy!!

The bulls are fighting back. The hammer gave an indication .


The hourly chart gave a 123 low signal earlier today.


Im planning on going short on a first attempt basis at 14762 with a 40 point stop only for today. you can see on the hourly chart the reason for this..Theres 2 levels of resistance converging, one from the trend line and the other from horizontal resistance. This is a day trade

J - as you mentioned the spx - path is getting clearer on indices and going to plan

A = 1597 - 1536 - complete
B = 1536 - ??? (in progress) .618 @ 1575
C = A @ 1574 - 1513 - to follow

all imho

good to see you back J - hope you had a nice break

B wave rally.