dow looks terrible, page-9

i had the high coming in around the opening bell. the reality - not perfect but not bad. i'm anticipating the market to close on it's lows.

thu, if the downtrend channel from the may high holds, the low could be around 1317.....and we're almost there.

so, perhaps a bounce at some stage during the session and then retest that low??? or perhaps the market just moves into panic mode and the trendline doesn't hold.

thu, the bottom line: imo, a bit premature to be going long. i'm not anticipating the LOW to hit until next week....so take care and use stops wisely if you're long.