Will Ben and the bankers pump it up tomorrow? Any tech gurus here have an opinion?
Break and close below lower band on major averages today so already breakdown. How long do we correct now is the bigger question. Looks like another replay of last week of December 2012 to me.
I do, I think the DJI goes to 13870ish then falls. Today the dow made a double to or blow off top depending how you looked at it. next support level 13436
Thanks for input. Actually I check it again...today DJI hit the upper BB and then back to lower BB. 4 SDs in one day, although the SDs are small given current small trading range.
My speculation is that 50 SMA around 13615 might offer some support. May you share with us what is the significance of 13436? Thanks in advance.