Technical picture point to a target for Dow at 12.743 area and for SP500 1.357 area. There could be rallies on upside before we move lower to the R I mentioned Saturday. The drop from Thursday to Monday was about 1 % so I expect the European index to fall Tuesday about 1 percent after opening unless something extra ordinary happens in Asia which opens in 30 minutes.
I will come back to all the indexes when the downtrends have stabilized in Europe.
I will come back to all the indexes when the downtrends have stabilized in Europe.
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