DOW

There is a massive 123 high formation on this.
24896 is the level to watch on this as a break below this and down she goes.
I’ll post chart latter as away from computer.

dow - daily
uk.advfn.com/p.php?pid=chartscreenshotsh...KfOZi1c5hnxnTE1nLbo=

off cousrse we must wait to see how this opens....and trades today...
going by the futures atm....this will gap below the 200 day ema line line currently 24971....as well confirming a 1,2,3 high/lower low...as remo pointed out below...that in itself is indicative of whats to come here...

while below the 200 day ema line...no longs here...only selling the rallies imvho...

lets see
atb, wdik, dyor,
trendfriend

A little off topic, but I don't like how the Nasdaq Composite
.IXIC (INDEXNASDAQ) has broken it's trend line & today's open it is dropping quite a bit!

Yesterday this back tested the 200 ma perfectly on the Dow based on spredbetting charts, normal charts also finished below .

Interesting day ahead for the Dow.

Big dump on the way imvho...certainly looks set for it...

270 or so points down atm....i think it could well be 1000 points down by the close....

Black Friday today....

atb, wdik, dyor,
trendfriend

It’s battling with the trend line based of the spreadbetting charts currently..A finish below the trend line could send this a lot lower...But a finish above could signal a move back to test the 200ma again...