Dow Jones Industrial Average Weekly Close 11/23/18 at 24285.95, was Very BEARISH, on the.. Weekly Close Chart I keep (5 Daily Closes Only on the Bar 4 Daily Closes This Week)
Price Closed Below 2 IMPORTANT TREND LINE SUPPORT AREAS that it should have held price,the more recent one at 24370.
By my reading, Dow has the potential to drop another 600 points, in a "almost" THIN AIR DECLINE next week, the last week of November, to end the month.
Being that they closed this way on the Chart for a long holiday weekend, that will put extraordinary pressure on the bulls, to hold the DOW SUPPORT right here, without any ADDITIONAL CHART DAMAGE ....which is already quite SUBSTANTIAL.
A Potential 600 point ...Thin Air Drop in the DOW were it occur, could take the Dow down to... 23670