new charts , page-67

Aussie,

3 possibilities I see....

1. Gap filled (31.5) as you suggest
2. form really nice double bottom at 30 (30) good option if DOW really tanks.
3. retest lowering trend line that we broke out from, from above. (changes daily - 29?) unlikely but worth keeping an eye on. I feel this 3rd option almost too complicated technically to work out. Occams Razor.



MACD that was looking bullish on daily has turned down and now we can see the bearish cross on the Hourly MACD. Even if the price wants to rise it will take some volume to clear these indicators back into a buy. A couple of days needed imo.