After a 3 black crow formation, the last two days of Dow Jones only managed to form small inside day doji’s . This is a very bearish formation and really doesn bode well especially with China SSE continuing its slide today below 3000 point pyschological support. Can we find support at the 100D EMA ? One thing is for sure, the drop doesn seem over. Traders beware, don catch a falling knife.
Disclosure: No positions