DOW JONES is once again rejected by the support area of 34236 - 34310. This second rejection is observed to be stronger, increasing the possibility that DOW JONES will be carried upwards, similar to NASDAQ in the coming days. The current price is within the range of 34310 - 34574 with the 8-period moving average (MA8) acting as resistance. There is a significant likelihood that DOW JONES will attempt to break through that support area again today.
[Position to consider]
SELL LIMIT at 34574
Stop Loss (SL) at 34666
Take Profit (TP) at 34330
R3 34903
R2 34746
R1 34574
PV 34453
S1 34310
S2 34236
S3 33935
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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.