
If DOW Breaches 9890, you may find it sitting at 8450.That is another 16% fall is in cards.
As you can see, DOW is too close to the said breakdown level.
Incidentally, this is the 62% retracement level of the rally from March 2009 to April 2010.
Disclaimer: The views expressed herein are to be used with your own discretion and neither analyst nor the publisher will be responsible for the outcome.