The DJI rallied just over 100 pts of the intra-day low to close at around 16930, therefore failing close above Martis' 17000 doomsday line. While I dont subscribe to his doomsday scenario it is an important level and closing below is not positive. im now looking for tonight to put in a 2-bar reversal candle otherwise the probability is of more downside to come in the short term.
Cheers, Sharks.
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