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Sarthak_Singh
Jul 26, 2020 9:35 AM

DOW stuck around 78.6% retracement. 

Dow Jones Industrial Average IndexTVC

Description

Fortunately, the 15th of July wasn't a very optimistic day for Dow Jones otherwise it would've ended up making a double top pattern which would've been a new disaster for the global markets.

The uncertainty won't end until markets get out of the COVID levels (or above 100% retracement levels).
For now, DJI is stuck in an 1800 points range. Breaking out will give a direction.

We have trend lines for support and a retracement level to act as resistance.
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