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Addendum to the previous update on the Dow Jones
In order to add a bit more technical detail on the Dow Jones, the 50 day moving average is in place right now at 43,697 and that was not mentioned in the previous update. So, as mentioned, the 100 day has the base covered for the time being and the noted high was shy of that 50 day. To repeat, the high seen so far has been set at 43,649. Hence, you now have two clear points of demarcation- 43,472 on the base and 43,697 on the top and of course eventually one side will give way to the other ahead of the close this evening. All things equal right now, it looks like the downside is most at risk. The Dow Jones is currently trading at 43,525
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