Dow Wilder Signals

The Dow Jones is very near two significant points that could mean a reversal of trend.
A 0.63% drop will take the price below the parabolic SAR meaning and end of the uptrend in effect since mid-December. If the crossing of the SAR is followed by a change in the directional indicators, according to Wilder’s suggestion it is a short signal.
A 0.80% or more drop with the Dow below 12565 at the close will signal the crossing of Wilder’s Stop and reverse volatility system signal. Being a continuous system it means closing longs and shorting below that level.
A little far below is a 1.90% Monday’s close below Friday’s level that will reverse the positive 10 day momentum signaling the selling of longs and opening shorts.



Below is my 30 minutes alternate count with Wilder’s volatility Stop and Reverse for Monday.