This DJI Daily price bar chart is an outstanding directional forecast chart for the immediate future. Following up from this Sep 1st PRO Update, the DJI has turned down coincident with a Trend Model Sell Signal (red arrow), an almost perfect Fibonacci 61.8% retracement and today what is shaping up to be a key close below the ATR price level. DJI Intermediate Term Trend Model Next Key level is DJI 34,000, a close below which we will be adding fresh index ETF puts: SPY - QQQ - IWM. Stand-by for confirmation via an acceleration down. IWM Short-Term (120 Minute) IWM looks to be continuing its decline that started in early August. A close this week below 182 will confirm a new leg down to below 160.
