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Strong Support Level on S&P500
SPX
, D
SPX: Strong Support Level on S&P500

Support and rebound level for this downtrend can be identified from S&P where pattern top and 50 Day-Moving-Average located.

DJIA Support and Resistance
DJI
, D
DJI: DJIA Support and Resistance

Reversal to downside is confirmed by today's gap-down breakdown. Support line comes to picture immediately. But it is too close to current level. Breaking through is more likely.

DJIA breakdown and more pullback expected
DJI
, D
DJI: DJIA breakdown and more pullback expected

Pattern is broken for DJIA after sharp drop. It opens the door for downside action.

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