it looks like Dow failed to make higher high on a daily compared to S&P and Nasdaq, so the leadership is in the two indices. Dow is dropping to discount levels to accumulate longs, so I will be looking at these three levels for reaction to the upside and adding longs on a lower timeframes. If these three levels fail my attention will be on the gap below previous swing low.
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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.