Yusofjfx

Yusofjfx

Price forming falling wedges, if price upper wedge line price continue bullish next week. However if price break wedge support line, it expected to look for another support level, which likely 50 MA. Is the next support level.

Yusofjfx

Price expected to be bullish if resistant key level is broken. Bearish if price break the key support level. In general, there is sign of price reversal but bullish still in control. 4hr 200ema will be the bullish support level if price break key support level.

Yusofjfx

Technically, there is a chance DOW to reverse and enter the opportunity box again. However, market sentiment will overrule everything.