I think that the situation about covid 19 in the world has influence on the markets.
Indices:
Dow :
Dow was first to indicate down movement few days ago.
I wrote in previous post on Dow, that Wow show weakness, and
breaking the blue line will bring it to meet the blue line (high probability).
Well Dow go under the blue line, but the candle that we see, show that some thing stop
the bearish movement.
usually the price should go down to meet the red line, but in this case I think
Its better to wait and see what will happen tomorrow.
Nasdaq:
Nsdaq stop on the blue line, if it go under the blue line, there high probability that
the price will meet the red line.
if the price stay above the blue line' there high probability that the price will
meet the green line.
S&P500:
S&P500 didn't go below the blue line, the candle that we see, show that some thing stop
the bearish movement.
I think S&P500 go back up, and all indices will follow.
Lets see what happen tomorrow.
View attachment 242466 View attachment 242467 View attachment 242468
Last edited: