PRICE AND TURNOVER
Close 11,326.32
Change -51.7(-0.45%)
Volume 704,941,184
MARKET BREADTH NYSE
Net Advancing Issues -3
Net New Highs -105
Net Up Volume -151,539,750
TRENDS
*PRIMARY DOWNTREND | Corrective wave | Prior support 10827 | Prior resistance 13136
*INTERMEDIATE DOWNTREND | Corrective wave | Prior support 10827 | Prior resistance 11698
*SHORT TERM CONSOLIDATION | Symmetrical triangle formation | Declining wave | Prior support 11125 | Prior resistance 11698
CHART WATCH
The short term timeframe has turned from a provisional uptrend to a consolidatiing symmetrical triangle | LIKELY: This minor congestion is a technical correction of the larger intermediate trend and will break in the direction of the immediate prior short term downtrend | The 2 larger timeframes are downtrending | SELL ON RALLIES.
Close 11,326.32
Change -51.7(-0.45%)
Volume 704,941,184
MARKET BREADTH NYSE
Net Advancing Issues -3
Net New Highs -105
Net Up Volume -151,539,750
TRENDS
*PRIMARY DOWNTREND | Corrective wave | Prior support 10827 | Prior resistance 13136
*INTERMEDIATE DOWNTREND | Corrective wave | Prior support 10827 | Prior resistance 11698
*SHORT TERM CONSOLIDATION | Symmetrical triangle formation | Declining wave | Prior support 11125 | Prior resistance 11698
CHART WATCH
The short term timeframe has turned from a provisional uptrend to a consolidatiing symmetrical triangle | LIKELY: This minor congestion is a technical correction of the larger intermediate trend and will break in the direction of the immediate prior short term downtrend | The 2 larger timeframes are downtrending | SELL ON RALLIES.
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