A couple of scenarios for the Dow. I have no preference.
If we get the green/red arrows then we have a bearish rising wedge scenario with 9100 target as per blue arrows. To me that's unlikely so the pink arrow scenario might be the go before a 1,000 pt short.
Or we just fall from here.
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Last
8,561.8 |
Change
-68.500(0.79%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,630.3 | 8,630.3 | 8,544.7 |
| XJO (ASX) Chart |