DOW

If you take the fib from the bottom of the last major correction to the peak then the 38.2 fib level to target would be around
29765.that area has loads of support also . That’s the minimum correction for me..

What do u guys think of these charts?
Would DOW hit the gap at around 28500?

I am now short on the Dow. The candle stick today is terrible . Any views ?

Thanks

That was a perfect call TF, DOW boucned off the 200dma..perfectly
But as I was watching it live, was scared to take any long positions, as most analysts were expecting it going below 200dma
Now today market is back up, dow at 35750!!!
What I am not sure is how to make a call on live time....
now when I look back, chart looks perfect, bounce... but taking that call to buy around 200dma wasnt there from me!!

dow - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...JkJOKr+6fX1Pcczs0SY=

short term technicals suggest more down here....at least to the key 200 day ema line and pivot level at around 33900 and 33800 area

Key gap below the 50 day ema line and a inside bar....that looks bearish should see more down...but i think the 200 day should hold lets see... be real panic if it doesn't!

lets see...
atb, wdik, dyor,
trendfriend

Closed my shorts as seem to be some strength around….so sitting on sidelines again with the index.