DJIA daily chart ending Fri. 22-Oct-2004

As expected, the Dow broke the low of 8/13 and went down to 9732. What will happen on Monday? If the current pattern continues, the market will make a lower low, but close higher on the day. There's also a chance that a sharp downtrend will occur. Only if that happens would I consider the marker to go much lower. Otherwise, a bounce through the election will be my best guess.