black friday approaching in usa tonight, page-33

BB,

It depends whether the Dow's still falling or recovering it closes. I don't expect any rally for the Dow tonight because the Asian markets still need to hit their targets Monday.

So -400ish now, maybe come back to -250 for a while (if it decides to test moving average), then -400 on open.
After open drop another channel width of -400, then it might slide down along bottom of channel dropping say another -100 so allup -900 (about 10%), which I'll assume it will close at.

XAO at 3800ish looks to have factored in about a 5% fall tonight. So if Dow falls an extra 5%, XAO Monday then drops maybe another 200 points to 3600 - which seems about right to me.

Just my best guess.

(Hope it doesn't end up green now). Lol