Watching the DOW.

The action in the Stock index futures, specifically the DOW, is telling me that we are in for another sharp drop and that additional SHORT positions are warranted at this time. We began selling the DOW futures on May 9th and have continued to hold these positions. With another rate hike imminent, the markets may just choke on this additional tightening by the FED.

Dale F. Doelling
Chief Market Technician
Trends In Commodities.com