Dow Hrly Next 12hrs conjecture

Personally I think we are still in an uptrend.
Looking for a retrace of around 50% of last US session up, with bbuy potential around that 50% area.
Break down past 61.8% and consider short to y'day lows.

The following chart is that of IGMarkets DowJones equivalent... Price movements are similar to the SPX500, DJIA and e minis.. though actual values will differ. 

With a "weak" asian session, SPI (ASX200 (Australian market) ) falling on a Friday, if the close keeps this Fall intact (IE not a massive upspike on close) then odds are in favour based on historical observations, that the overnight market (US day session) will lift the SPI to an opening higher than the Friday close.


Still early afternoon here in Australia , an hour and a half to go before close and the SPI is dropping still.