fxtrader66

DOW Pop then Drop?

FX:US30   FX:US30
1
DOW sold off hard this week and the selling could continue easily into next week. There could be a bounce off the 50% HWB at former S&R, possibly forming a H&S, with a target at the 14760/600 range.

Price could just continue to blow thru the 50% and 61.8% and if that was the case, I believe there would be support at the 14760-600 range. Range of former support from June thru October 2013





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