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S&P 500
5,214.08
(
0.51%
)
US TECH 100
17,660.00
(
0.33%
)
Dow Jones
39,387.76
(
0.85%
)
Brent Oil
84.03
(
0.09%
)
Bitcoin
62,794.11
(
-0.40%
)
Post# of 648882
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DiscoverGold

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DiscoverGold

Re: DiscoverGold post# 582327

Friday, 08/26/2016 4:08:18 PM

Friday, August 26, 2016 4:08:18 PM

Post# of 648882
Martin Armstrong: Dow Jones Update for August 26th, 2016

* August 26, 2016

The Dow has turned down trading at 18361 at the time of this posting. We have a Daily Bearish at 18430 and technical support on the daily level at 18467. We have a Weekly Bearish today at 18368 so if that is elected, then we may see that drop into September. Monthly support starts at 18165 for the close. Er have Directional Charges coming back to back for the next two weeks and the primary target for the next turning point will be the Week of September 5th. A closing today beneath 13368 will warn that we can see some follow-through to the downside. However, the main support starts at the 18098 level technically. Only breach that level would signal a sharp decline. This can still set up for a sligshot to the upside in the months ahead.



• DiscoverGold

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Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Your Due Dilegence is a must!
• DiscoverGold

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