The_Unwind
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Potential Dow Futures Blow Off Top Open 8/2/17

CBOT_MINI:YMU2017   DJI MINI FUTURES - CBTE - $5/PT (SEP 2017)
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E Mini Dow Futures for Sept 2017 SPIKED in a BLOW OFF MOVE ON THE OPEN of Trading for 8/2 Session tonight,

hitting a high of 22025 immediately upon the open, on Apple's better than expected results after the close on 8-1

Price has since fallen back below 21950 this evening. The Dow Futures 30 minute chart shows a clear large price spike bar in place.

I view this as a potential exhaustion move at the Open on Dow Futures , setting up the possibility of a BEARISH REVERSAL.

The_Unwind

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