Most of the time intraday volatility(between 4970-5015) on the back of up/down moves in Dow's Futures and breaking down of intraday lows also after Dow's Futures turning down to -81.
New low formations after breaking down of 4970 but without force therefore sustaining below today lowest(4957) is must for next down moves confirmations.
Correction is on and slipping below Long Term Trend decider 200-Day EMA also therefore complete consolidation is required for any decisive up move.
Sideways trading with lower levels supports and higher levels selling between 4957-5015 today and firstly sustaining it beyond should be watched tomorrow for next moves confirmations.
New low formations after breaking down of 4970 but without force therefore sustaining below today lowest(4957) is must for next down moves confirmations.
Correction is on and slipping below Long Term Trend decider 200-Day EMA also therefore complete consolidation is required for any decisive up move.
Sideways trading with lower levels supports and higher levels selling between 4957-5015 today and firstly sustaining it beyond should be watched tomorrow for next moves confirmations.