- Dow Jones reverses as expected from the yellow box marked below.
- Dow Jones Hour chart with 50 and 200 Hour moving averages.
- The dip below 50 hour has not yet reached 200 hour moving average.
- So going by the past price action we should see a rally towards the 50 hour moving average from here.
- Breaking below 11000 will be negative.
- S&P 500 BELOW 50 HOUR MOVING AVERAGE