DOW and ES intra-day:-

The 5-day 50% level is still going to define the trend, and with the lower close there is the probability that the move will be upwards, but the length of the move is going to be defined by the levels shown….

Support around the Dynamics lows in the forward timeframe if down trend continues.

Trend identification defined by the 5-day 50% level.

Above the 5-day 50% level and expectation is a move back towards the 3-day highs.

No set-ups for next day trading…with the next best set-up coming next week...


Public holiday in the US on the 22nd