DOW WeeklyDOW moves down into the July lows, and ideally i'm looking for a move up towards the August 50% level before it continues down into the Yearly lows....
If it closes below July's lows on Friday, then there won't be a rotation up into the monthly 50% level, and price should continue down into the Yearly lows.....
S&P Daily and 5-day pattern
"simply trade the levels shown"... Yesterday's report
The usual pattern for rotation upwards from 5-day lows and back into the central zone, and once again pushed back down.
And the same will apply for Wednesday.... trade the same 'dynamic' levels.... rotate and extend
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