^DJI Dow Jones Industrial Average at Key support level
Updated
Dow jones have been falling sharply of late and it is currently rested at the 61% retracement level on the fibonacci . A close at that level along with oversold RSI could trigger a relief rally in DJI but it will find really hard to break 24500-25000 at closing level today.
Note
Dow not at 50% retrcement level and RSI near oversold levels. it should take support here for a while and if it breaks 23600, then the next real support is at 22000.Note
22900* (instead of 22000 typo error)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.