DOW 0.79% $5.12 downer edi limited

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  1. 1,570 Posts.
    lightbulb Created with Sketch. 26
    Chart wise looks like FT is already in a downtrend, and the Dow is about to start heading down again. Resistance levels for the Dow are 8000 and 7284.
    Can see banks and other stocks looking fairly ugly next week if Dow does what it should, and gives up some of its bear market rally gains.
    All thoughts appreciated.
    I am short ANZ among other stocks. Lovely to see chart wise all the stocks you are short close on the days low.
    Not a bear, just trading the trend.

    Read disclaimer below
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