Re: no tax cuts coming...DC...DOW

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In Response To: Re: no tax cuts coming... ()

Here DC...my guess as to the DOW's machinations over the next few weeks. If price closes below today's and yesterdays lows...she will probably work its way back to 22500 for a test of the break above 22500 7 to 8 days ago. However, if it closes above the last two highs it will be above the halfway point between 225 and 23250 at 22875 and it will indicate an up cycle greater than 7-8 days is in order.

Which way will it go...I have no idea...but tomorrow could dictate the direction of move for the next 7 to 8 days...maybe 15.

Time will tell...

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Re: no tax cuts coming...DC...DOW

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