DOW

bull vs beras battle ongoing pretty close to the key support at 29500/29600 imvho.
If those numbers go....my oh riley..

i think the covid lows could well be retested imvho..

atb, wdik, dyor,
trendfriend

DOW under 30k.

Looks like another fake out. S&P hasn’t managed to keep above 4000 yet again. Tested and failed !!

I am open to the idea that the market won’t crash in a straight line but we are in a bear market. This is defo not going to fly to 37000. So if there is a bounce what levels should we be watching to go back short ?

dow - daily
uk.advfn.com/p.php?pid=chartscreenshotsh...MM8cbbg1qKDDlgUkw%3D

don't get too bearish here just yet imvho...
watch the 30 level on that rsi...and watch the 29,500 level...

aside form from a couple of breaches of that 30 level the dow seems to bounce strongly from the 30 level on the rsi...

If 29,500 goes then it cold go quite a lot lower....just don't think it will imvho... and this should be nothing more than a 20% correction.....but lets see.

atb, wdik, dyor,
trendfriend

bear minimum, great pun.

Thanks Remo. I will watch and wait.

Would be nice to load up, ready for the next swing.