The Beginning Of The End?

The Dow stumbled another 83.56 points the whole of last week when the majority of us think that a rebound should have occurred. Such is the nature of the market. Looking at the weekly chart, we see that the Dow is now extremely close to the weekly 30MA line and also at the edge of a short term support level. This week will be critical... if the Dow breaks down decisively on strong volume this week, it could be the beginning of the end... be cautious.