MARKET BREADTH NYSE
Net Advancing Issues -1874
Net New Highs -2028
Net Up Volume 1,336,253,243
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 price action goes parabolic and reaches oversold levels presenting the likelihood of a near term snapback. The stock average is now at its 5 year lows.
Net Advancing Issues -1874
Net New Highs -2028
Net Up Volume 1,336,253,243
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 price action goes parabolic and reaches oversold levels presenting the likelihood of a near term snapback. The stock average is now at its 5 year lows.
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