A Bar chart of the recent drop:
The market was falling for 6 days until yesterday when the Dow ended the day 0,63% higher.Right at the next day the Future is back in the retracement channel but still over the 12000 few hours before market opening.
The numbers of the US National Finances for May are anticipated for today 8pm German time and my aspectations are not the best,to be honest.I'm spending more time as usual reading the US economy news and blogs and what is for instance in my opinion ovious is the sustanable impact of the lack of jobs.The USA outsorched millions of production jobs to China what made definitely only a few guys richer.The consequences in the long term are just destructive for the US economy.
The Dow Jones intraday:
Ninety minutes after Wall Street opening bell:
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