Dow Jones Outlook for Tomorrow
- Non-Farm Payrolls comes out tomrrow at 8:30 am EST. Expect a reaction from the markets as this number is sometimes out of line with analysts expectations.
- The trend on the hour chart has changed to down completing a triple top formation. This could either be a corrective wave preceeding a fifth wave or the start of a wave that takes the market lower.
- Overnight expect a pullback to previous support and the daily pivot point at 11,543.
- During the rally, the Nikkei remained weak as did the Russell 2000.