DOW

Hourly chart below.
Looks suspiciously like a bear flag to me, and its on the verge of breaking down
Going be nasty when it does!

Updated detailed chart - dyor...
GL

Hi Everyone, Happy New Year.

A 123 scenario is likely in the short term as per the 1 hour chart. The 16591 level appears key and also coincide with 23.6 fib retracement. A break of this level should take us up alternatively more downside !
DYOR
Good luck

i was gonna short this yesterday but missed the chance
now just waiting for a better entry to short but the pre market has this coming down big time so looks like i wont get my chance to get in

This has the potential to get dumped hard imho....
15375 target atm....

You still short Monkeyz??
Reagrds,
Trendfriend.

Looks like a retest and so far failure of the trendline today.
Bears now in control imho unless this fights back.....
Regards,
Trendfriend.