Dow futures see some profit taking at 78.6% retracement
Dow futures close below the 78.6% retracement level and it may signal some profit-taking from the market. Hence, the next level will be tested are around 26011 regions. If Dow exhibit some form of strong correction, then the next rebound level could be around 24,000-24,805.
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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.