S&P (e-mini) DOW 25th August 2008 Recap

"As per Weekly Report I'm bearish on markets with the expectation of lower prices.

What's the first sign of a reversal pattern at the start of the Week?

Price trading below the Yellow channels on Monday with the expectation of a lower daily close on Monday followed by another lower daily close on Tuesday (random length)"

Monday's Premium Report



S&P Daily and 5-day pattern

2-day down move confirmed with a break of support on Monday, and 4th week sell pattern playing out.

Expectation of lower prices by Tuesday, along with trading below the Weekly 50% level (resistance)

Let's see how US markets act after Tuesday's trading.

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