DJ:DJI   DOW JONES INDUSTRIAL AVERAGE
121 16 1
Looking at pivots a and b it is clear price is losing energy . Not only has price not traveled as high in a relatively same time span but it has also lost upward momentum. We can see price was rejected on it's first attempt to cross the previous highs (yellow line) . This crossing also happened to coincide with pitchfork Pa's lower middle median line . It took a considerable amount of time and energy to make this new high. The lower middle median line of pitchfork Pa has acted as support up to now but it appears not anymore. Price is once again approaching this median line and if fridays candle is indication of the future, we may see the market turn to a flat. I have added pitchfork Pb             to accommodate this possibility. Should price be rejected next week at the high median line of pitchfork Pb             , then look for it to return to the center median line of Pb             .
Here is new fork with cloned quadrant above MLH . This new median is is a warning line. Pivots are found near these lines. I am looking for a new Pivot high.
snapshot
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2use littleriver
I guess next week is more likely to be in red. It feels so for me ..but you can be surprised at times.
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I think it is a definite possibility. Best to be prepared for anything. I am looking for a move down followed by a second test of the high.
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2use littleriver
I agree on this one, and it feels that if tech traders take friday action seriously, the trend down starts next week - monday already probably. Speculation, but i slowly took out some positions i feel are in overbought. Already have a stop loss set up for others in case of a drop (and drops happen to be harder than the runs, we haven't had decent 1%+ drops in some times now, sellers might shake the market from tops).