Yep looks to be a bad one.Coming into earning season a slow down...

  1. 3,904 Posts.
    Yep looks to be a bad one.

    Coming into earning season a slow down is to be expected. The question is whether the weekly chart will win or the daily.

    If the daily I have a DOW target of 9291 - the lower bollinger. But if the weekly chart wins and I suspect it will seeing as the daily has crossed into the lower half of the bollinber bands we are looking at say 9000-9100 which would still keep the weekly chart bullish and would take some excess heat out.

    All healthy but annoying, although i have started trading announcements rather than price and volume breakouts this day and age so perhaps this won't bother me.

 
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