MARKET BREADTH NYSE
Net Advancing Issues -3,080
Net New Highs -701
Net Up Volume -3,194,417,917
TRENDS
*PRIMARY DOWNTREND | Directional wave | Prior support 10827 | Prior resistance 13136
*INTERMEDIATE DOWNTREND | Directional wave | Prior support 10827 | Prior resistance 11867
*SHORT TERM DOWNTREND | Corrective wave | Prior support 11037-BROKEN | Prior resistance 11790
CHART WATCH
The Dow breaks short term support and closes below 11000. The next critical level becomes the primary and intermediate support of 10828. A break below this important level could see the Dow potentially visit 9600 or thereabouts by November 2008.
Net Advancing Issues -3,080
Net New Highs -701
Net Up Volume -3,194,417,917
TRENDS
*PRIMARY DOWNTREND | Directional wave | Prior support 10827 | Prior resistance 13136
*INTERMEDIATE DOWNTREND | Directional wave | Prior support 10827 | Prior resistance 11867
*SHORT TERM DOWNTREND | Corrective wave | Prior support 11037-BROKEN | Prior resistance 11790
CHART WATCH
The Dow breaks short term support and closes below 11000. The next critical level becomes the primary and intermediate support of 10828. A break below this important level could see the Dow potentially visit 9600 or thereabouts by November 2008.
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