Looking at both Dow and S&P500, it has form a bearish harami, only S&P500 has broke the downtrend resistance line. Chances of tonight on how dow will perform should be red. Even Nasdaq also shows a bearish engulfing pattern. Chances of dow closing red is high. But it will not break the 200MA so easily. What i think tonight Dow maybe will just drop less than 1%. We shouldn't be seeing huge drop for the time being. more of sideways, which is good, it is building up strong support while it is trading sideways.
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