There is a 30% chance the Dow will decline to 32,873 along with the S&P500 dropping to 4216 for a consolidation before markets move higher. Daily Engrbytrade™ E-Mini Dow futures calculations, along with standard technical indicators such as the NYSE Market Thrust, CBOE Put/Call Ratio, and CBOE Options Equity Put/Call Ratio indicate a move up is still expected.
Stock charts courtesy of StockCharts.com.
