Dow 600 Point Drop Possble Next Week Weekly Preview 11/26/18
Dow Jones Industrial Average Weekly Close 11/23/18
at 24285.95, was Very BEARISH,
on the.. Weekly Close Chart I keep
(5 Daily Closes Only on the Bar 4 Daily Closes This Week)
Price Closed Below 2 IMPORTANT TREND LINE SUPPORT AREAS
that it should have held price,the more recent one at 24370.
By my reading, Dow has the potential to drop
another 600 points, in a "almost" THIN AIR DECLINE
next week, the last week of November, to end the month.
Being that they closed this way on the Chart
for a long holiday weekend,
that will put extraordinary pressure on the bulls,
to hold the DOW SUPPORT right here,
without any ADDITIONAL CHART DAMAGE
....which is already quite SUBSTANTIAL.
A Potential 600 point ...Thin Air Drop in the DOW
were it occur, could take the Dow down to...
23670
Dow 24285.95 Last
11/23/18
THE_UNWIND
NEW YORK
at 24285.95, was Very BEARISH,
on the.. Weekly Close Chart I keep
(5 Daily Closes Only on the Bar 4 Daily Closes This Week)
Price Closed Below 2 IMPORTANT TREND LINE SUPPORT AREAS
that it should have held price,the more recent one at 24370.
By my reading, Dow has the potential to drop
another 600 points, in a "almost" THIN AIR DECLINE
next week, the last week of November, to end the month.
Being that they closed this way on the Chart
for a long holiday weekend,
that will put extraordinary pressure on the bulls,
to hold the DOW SUPPORT right here,
without any ADDITIONAL CHART DAMAGE
....which is already quite SUBSTANTIAL.
A Potential 600 point ...Thin Air Drop in the DOW
were it occur, could take the Dow down to...
23670
Dow 24285.95 Last
11/23/18
THE_UNWIND
NEW YORK