The DJIA has retrace to 5/8 of what it went down. The problem is that it looks like it has 3 wave going back up. This would mean that the next drop could take place. With the light volume and the open and close being about the same, it should start to go down.
Notice how the S&P 500 has pulled up to the down trend line. I would anticipate it turning back down. This is what was predicted in an earlier post.
The Russell 2000 also is showing the same thing. It should turn again tomorrow 12/10 and go back down.
Notice how the S&P 500 has pulled up to the down trend line. I would anticipate it turning back down. This is what was predicted in an earlier post.
The Russell 2000 also is showing the same thing. It should turn again tomorrow 12/10 and go back down. 
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