The Dow Industrial Average Closed the W/E 11/6/17
Right at MAJOR UPTREND CLOSE ONLY SUPPORT LINE at 23422.
Any Decline next week 11/13/17 below 23422 in the Dow Industrial Average
could set up a THIN AIR DECLINE !
as price will LOOSE FOUNDATION TREND LINE SUPPORT STRUCTURE !
Dow Transportation Average $ TRAN has already broken down Week of 11/6,
confirming a Very Bearish False Breakout in price in Sept and Oct. 2017,
and in Dow Theory setting up the potential for a big decline in the DJIA.
Russell 2000 has done the same thing WE 11/6. $RUT lead the incredible advance in 2017, and could be setting the stage
for a mirror reflection Decline in 2018.
THE_UNWIND
Right at MAJOR UPTREND CLOSE ONLY SUPPORT LINE at 23422.
Any Decline next week 11/13/17 below 23422 in the Dow Industrial Average
could set up a THIN AIR DECLINE !
as price will LOOSE FOUNDATION TREND LINE SUPPORT STRUCTURE !
Dow Transportation Average $ TRAN has already broken down Week of 11/6,
confirming a Very Bearish False Breakout in price in Sept and Oct. 2017,
and in Dow Theory setting up the potential for a big decline in the DJIA.
Russell 2000 has done the same thing WE 11/6. $RUT lead the incredible advance in 2017, and could be setting the stage
for a mirror reflection Decline in 2018.
THE_UNWIND