On The Verge Of A Bear Market?
Updated
This Dow Jones Futures chart has broken out of the triangle wedge pattern and we posted 5 charts with our analysis on our website.
Comment
As of right now, the Dow Futures markets are down 1255 points and the lows on Feb 28th did not hold. We will post another chart tomorrow showing our Short Term Oscillator to determine if we are oversold enough to look for a temporary low. Stop losses are being triggered for all those traders that had the Feb 28th low as support so we could just be seeing a flush of those stop losses. More to come...Related publications
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