E-mini DOW trading 17th Dec part 4



Early support @ 1467, but failure around the previous Weekly 50% level @ 1476, and reversal.

With prices below 1467, then the market path for the Weekly trend is to head down towards the lows, as shown.

The only way this is not going to happen, is if Tuesday 'hooks' back inside and closes above 1467.

Full report later...