DOW "THIN AIR DECLINE" Monthly Chart Trendline Support Break !
The Dow is now in a THIN AIR DECLINE, on the Monthly Chart.
Confirming evidence can be found on the
Dow Jones Industrial Average Weekly Bar Daily Close Only Chart
It shows we are just over 500 points away..
from critical pattern structure support at 24077.56, the July 2018 Monthly Low.
TREND ANGLE Support has been BROKEN on the Dow Monthly Chart at 24800 in October 2018.
I cannot stress to you enough the bearish implications of what could happen next...
if we close this week< Friday Oct 26,2018> below DOW 24077.56
Downside Projections from there, are unknown at this time.
THE_UNWIND
10/24/18 730 pm
New York
Confirming evidence can be found on the
Dow Jones Industrial Average Weekly Bar Daily Close Only Chart
It shows we are just over 500 points away..
from critical pattern structure support at 24077.56, the July 2018 Monthly Low.
TREND ANGLE Support has been BROKEN on the Dow Monthly Chart at 24800 in October 2018.
I cannot stress to you enough the bearish implications of what could happen next...
if we close this week< Friday Oct 26,2018> below DOW 24077.56
Downside Projections from there, are unknown at this time.
THE_UNWIND
10/24/18 730 pm
New York