Tuesday, October 4, 2016

Indu Whipping Dollar Ripping

Could Be DB.
1 month

Obviously a break either way at this point will signal next major leg.
Unless it's a false "throw over" followed by a rip in the other direction.
Seen that many many times actually.

The SP has already taken out that support trendline at about 2143.

In my mind the 2134 level which was the 2015 high needs to be taken out on the downside to be confirming a new leg down.

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