DJIA(DOW-US30): No break of previous high! Several options...

We didn't surpass the last high, we now have several options of patterns and counts, one of them is a double top which could give us a big short on the breakout below... (possible entry at re-test). ABC also still possible...
Indicators are in line with move lower at the moment, so short stays my preferred direction...

Kommentar:

Fell back to the nearby support and reversed, still looking weak though, could be going further down again...

Kommentar:

And again it's going up...