Dow Jones Industrial Average (DJI)

[WovenO2]

This does not feel like an Oct. 2008 month.

My opinion of the worse case scenario for the remainder of June 2013 only:

A close today below 14655 would not be good near term.
Next support would be 14572 which would be an easy target for Monday. If selling pressure continues into Tuesday, 14232.

Wednesday could be the big near term wash to 13915 if this was to happen. I don't think this will occur.



14300 is my overall July correction call before a 6% retracement back to 15160.

jmho