Latest Dow Jones Chart

Last nights movement has seen the Dow Jones bounced off the 50% retracement level during the last session.

The resistance level that has become support over the last couple of weeks came in on high volume and we have now the 3rd day down. The next couple of days will be crucial for the future direction of the indexes as a whole. If we get a move to the long side over the course of the next couple of days then we would expect this market to continue this current bull market to continue.

Will update over the course of the next couple of days as too future direction of the markets.