Technical Trades
Technical Analysis applied to Stocks and Futures.

Wassup wiff da market??? Correction time

The YM Dow mini futures contract 60-minute chart is descending as technicals appear to weaken for the broader market. I am looking for a 4 down on INDU daily to coincide with the abc correctives from a subwaved 3 up. So market is likely going to be choppy with a downward bias in the next week or so. TA not really conducive to the much-liked end-of-year rally at this stage.

YM-Dec21.gif

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