IMO the DOW has 457 points of safety..
anything below 13000 and the dynamics change..
Depicted below one can clearly see that the DOW is finding it ever so difficult to keep its head above the long term trend.... and with volumes dwinderling one can only hope that 13000 isnt breached..
On the flip-side if we hold and move above 13600 the last breath of this deflating so called bull will meet its maker at just above 14000 imo... there after a collapse beyond ones wildest dreams.
God bless.
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Last
8,570.4 |
Change
-9.700(0.11%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,580.1 | 8,593.6 | 8,558.3 |
| XJO (ASX) Chart |