Dow finding support near the trendline risky to short now could bull out of downtrend or break further on more news surprises all risky atm, be carefull!
If it breaks under probly won't be real hard; support at 26100 would be a long opportunity. Last break to 25800 could retest but who knows?!
Trade at your own risk this isn't investment advice, good luck!
Got the bounce on an exhaustion gap with double top and a shooting star- red one on Nasdaq. RUT is bearish and SaND P advanced strongly only to fall back on weak RSI. Looking... bearish. Need confirmation Tuesday but has earmarks of failed rally; didn't reach top of channel, didn't rise past previous high; drop back below support to break lower channel will confirm a correction in progress.
Made a buck in the pullback and closed on the day before the bulls roared back. Ain't it crazy?! Lookatitgo!! Rotation; take money out of RUT and NDX > buy Blue Chips!