Will_Wong

YM/DJI: Revised count. In the original count, sub (4) of 1 of 5

Long
Will_Wong Updated   
CBOT_MINI:YM1!   E-mini Dow Jones ($5) Futures
Became longer than sub (3).
Comment:
YM/DJI: Short term weakness in the market. The DOW was rejected by the leading cloud indicator (blue) line. The daily candle resembles a hangman but being at the bottom of the chart, the hangman might not be as bearish as we though. Still the failure of the DOW to cut through the cloud is worrisome. Count still intact. Strong support still intact.




Comment:
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