DOW S&P Trading 10th july 2008 recap

"Trend down and won't change until price is trading above the Weekly 50% level.

Thursday:- simply trade on the side of the blue channel.

no probability direction for Thursday"


Yesterday's report
DOW daily and 5-day pattern

DOW remained flat below the channels on Thursday.

US markets are still supported around July's lows, with the Weekly 50% level dropping, and getting close to the current price action.