DOW JONES INDEX (US30) IDEA
DOW JONES just went through a small correction, which is recovering today. What I am seeing, is that, if we are not able to break through the weekly resistance and close it above, we may see much deeper levels on the coming days/weeks. Another chart to look at it, and give us some perspective of what can happen, it is the US DOLLAR INDEX, which you can find on my profile.
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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.