monday market malady, page-171

  1. 17,444 Posts.
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    Dow30 is a little different from SP500.

    Dow has another possible 350 up but should go 1,000 lower regardless, for the first down leg.

    If Dow does rally that much higher then the SP500 1500+ target comes into effect and 1480/5 is broken.

    Our market looks like a little higher than the SYCOM close and then down or more likely sideways.

    At this stage US Tues night suggests a little higher and then down, but it could be quite a contest.
 
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