In fact, when oil plunge on Friday morning when trading resume, DOWT broke the 9200 resistance but it was short-live.
By mid-day, bears broke out of the cell and push the index from 9310.22 down to 9198.20 making a "Shooting Star".
I am wondering who let the bears out and would this strong enough to defeat the strongest of all time? :-)
Another death cross (blue) would add more momentum to the bears.
beware of breakdown, thats all i can say, but i ma bullish bias
for at least another year