The neckline of the DJIA daily chart double top formation that I mentioned in my risk window post on Sunday was ever so slightly broken today. If the pattern develops, it projects a DJIA low at about 23,875 right in the middle of the May gap. It is also possible the neckline will provide support and the pattern will fail. We should know in a couple of days.
Regards,
Douglas
Edited by Douglas, 28 October 2020 - 06:18 PM.