The DOW is currently trading in the resistance area of the rising trend channel. It has reacted from this resistance 3 times before. If the probability of a 25 basis point interest rate cut increases, it will be an excuse for the index to pull back from this resistance.
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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.