DOW closed down to 13.017.5 Friday

DOW day now. The dots on the line are the daily closing points. DOW's close was just - for the second day - below the falling 34 MA. The rising 8 MA will continue up but will already on Tuesday lose strength. If the MA does not cross the 34 MA but turn down below it the upside correction is over and a sharp drop will occur. This coming week might be choppy like last week , see the 1 hour chart below. If Dow chooses upside the main R lines are at 13.036.9 and 13.093.1.

DOW 1 hr now. The trend is sideways even though the 8 MA has crossed the 21 MA unless Asia opens on downside at 00:00 tonight Sunday.

Look at the last hour in NY - the last bar - and you see a long bar which closed in the middle. This is choppy but it could also show where the short sellers were.