Market Sense and Sentiment

[Bernard Ng]

There is a divergence between INDU and NDX, from the chart NDX should bounce off from 320SMA, while INDU is under it. The full swing of MACD will come after the next rinse... I hope, that's why I want to lock and load there... if they can hold it here, the swing could start here... but not my most desired price.

The chart looks really bad, a gravestone doji is almost here for sure, and today's drop has taken down the support level for the past few days... things don't look good here on the daily basis.