Friday, June 26, 2020

Dow Jones Short Term Price Action

Dow Jones - Risk remains on the downside. The index tested 26304 multiple times but failed to break above. The short term upside is capped by 26304 resistance and the downtrend line. Turn bullish only when price is able to hold above 26304 level. The index should retest the 25000 level again. A break below 25000 could bring the index to 24655 and 24243.

All posts and charts are for educational and illustration purposes only

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