CK, the individual charts are pretty much all over the place....

  1. 14,914 Posts.
    CK, the individual charts are pretty much all over the place. The market is in one of those times where it has no direction at all and is just winging it until some news sends it one way or the other.

    I tend to look at the DOW chart for overall direction. Its been in a slow ascending triangle so technically it should bounce off from here tonight, but theres definately the chance it could break down further. But IMO around 7800 there will at least some strong buying pressure to hold it at that point for a crawl back up to retest 9000. Thats strictly from a charting view point. There are so many outside variables though, it really could go either way.
 
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