octradr
Short

DOW broke major support!

DJCFD:DJI   Dow Jones Industrial Average Index
A close today below 24,000 would be a huge blow to the DOW. As you can see from my chart which I published 3/14/18, the marhet tanked when my rising support line (blue dashed) was breached. With this turn of events I wouldn't be surprised if it pulled back down to 22,500. Even though the market is "cheap" right now, I don't see any signs of a strong rebound yet. I anticipate some big swings in the upcoming weeks until this all gets sorted out. I'll keep you posted if anything changes.
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