I am expecting a weak looking bar on the Dow tonight, as we are getting close to the supply line on the current trend channel and yesterday was up on a little bit of No Demand (it was also up on No Demand the day before, but that was straight after a shakeout (strength) so that one can be discounted or forgiven).
The point is, that they are not showing (so far) that they are going to follow through with further support after the shakeout, as volume has fallen away for the two bars after it and the top of the trend channel is also getting close, as I mentioned earlier.
We also know the Pro's are devious & tricky on Friday's in particular, so I drew (in purple) a guess at what the bar might look like on the Dow chart if I could engineer it.
