I have mixed the chart of DOW, as per yesterday’s close and the continuation of DOW Futures till now. It is interesting to note that. DOW is showing symptoms of a breakdown below the channel shown by the arrow. If that happens, we might see it falling to 10339 in the short term.
The chart shows you how the pull back happened after the crash on 6th May, and the chart pattern formation after the pull back.
Now the chances are that, we are going to see the real one today. In addition, Euro is taking new low and it has nearly confirmed the continuation of the prior crash.
A possible action packed day ahead…
