Theassistanttrader

@Mercury I'll just base my analysis on the DJI SP and NDQ How I view it is that the DJI will reach 26150 (IG cash instrument price) to form its right shoulder before it's next significant leg down. With the SP and NDQ forming a sort of double top and complying with the down leg. However, tomorrow or day after will decide if there is a change in trend, if Mondays close price gets taken out lower then the significant leg down will begin.

@Mercury What are the chances that the gaps made after Trumps tweets that Friday never gets closed and this is a H&S which would see the next big down leg beginning after this minor dead cat bounce / right shoulder.