E-mini Dow futures a selling opportunity on more price weakness.
See on the daily bar chart for the e-mini Dow stock index futures that prices Thursday saw a corrective bounce, but are still in a solid near-term downtrend. See, too, that the shorter-term moving averages I follow (9-day and 18-day) are in a bearish mode as the 9-day is below the 18-day and both lines are trending lower. A move below chart support at 15,500 would become a selling opportunity in the e-mini Dow futures. The downside price objective would be 14,700, or below. Technical resistance, for which to place a protective buy stop just above, is located at 15,800.
