DAILY
DJI
is really struggling to hold the green moving avg. (see profile for more info)
#Dowjones RSI is holding the 50 area - Yellow Box.
NOW, pay close attention
IF they break we're looking at likely trendline retest, white line.
That's where the possible 1k point drop idea comes from, mentioned yesterday.
Weekly support, Red Mov Avg, shows another view for the possible, roughly, 1k point drop for the Dow.
#stocks
DIA
UDOW
SDOW
DJI
is really struggling to hold the green moving avg. (see profile for more info) #Dowjones RSI is holding the 50 area - Yellow Box.
NOW, pay close attention
IF they break we're looking at likely trendline retest, white line.
That's where the possible 1k point drop idea comes from, mentioned yesterday.
Weekly support, Red Mov Avg, shows another view for the possible, roughly, 1k point drop for the Dow.
#stocks
DIA
UDOW
SDOW