Blindfoldedmonkey: DJIA CORRECTION

Wednesday 24 September 2014

DJIA CORRECTION

The Dow fell for a second straight day and all US indices closed in red; the DJIA 116 points: - 0.7%, to 17055. The S&P 500 index shed 11.52 points, or 0.6%, to 1982, S&P 500 down 1.4% in two sessions. Shares fell on the heels of a selloff in Europe.

Technically we are far from the top and we have to wait for some rebouncing confirmation on the buying side. Our key resistance level is still the previous top at 17,300.


The BFM Assets Team.


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