4 years ago

Dow finds Pivot point into the close.


The Dow over night after a strong start was smashed into the close down 110 points.
This hourly chart shows the strong open 6 bars back and falling after the first hour.
In the Monday morning webinar we discussed the potential of the DOW to find the 200 day average
this is sitting at 16860 points.
Primary ( weekly) trend remains up, however weakness is coming in and may accelerate the down move.

Dow pivot