MARKET BREADTH NYSE
Net Advancing Issues -2609
Net New Highs -1139
Net Up Volume -2,125,076,531
TRENDS
*PRIMARY DOWNTREND | Directional wave | Prior support 10827-BROKEN | Prior resistance 13136
*INTERMEDIATE DOWNTREND | Directional wave | Prior support 10827-BROKEN | Prior resistance 11867
*SHORT TERM DOWNTREND | Directional wave | Prior support 10365-BROKEN | Prior resistance 10882 |
CHART WATCH
The Dow's decline accelerates and is nearing oversold levels. A near term correction is not unlikely and when it occurs could potentially bring it back to 10000 thereabouts.
Net Advancing Issues -2609
Net New Highs -1139
Net Up Volume -2,125,076,531
TRENDS
*PRIMARY DOWNTREND | Directional wave | Prior support 10827-BROKEN | Prior resistance 13136
*INTERMEDIATE DOWNTREND | Directional wave | Prior support 10827-BROKEN | Prior resistance 11867
*SHORT TERM DOWNTREND | Directional wave | Prior support 10365-BROKEN | Prior resistance 10882 |
CHART WATCH
The Dow's decline accelerates and is nearing oversold levels. A near term correction is not unlikely and when it occurs could potentially bring it back to 10000 thereabouts.
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