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Dow Jones Technical Analysis - Will it go below 30,000

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Dow Jones Industrial Average Index (TVC:DJI)  
karuneshBajpai2  
TVC:DJI   Dow Jones Industrial Average Index
Harmonic Patterns Trend Analysis Chart Patterns dowjones usmarkets dowjonesforecast Contains image
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harmonicpatterns trendanalysis chartpattern dowjones usmarkets dowjonesforecast containsimage
Dow Jones, the widely followed stock market index, has experienced a decline in recent days after a strong upside rally from October to December 2022.

Technical analysis reveals that the index has broken an important support level and is showing a bearish trend. Additionally a Harmonic bat pattern has emerged, indicating a potential minimum target of around 29950.

As a result, caution is advised for traders, with a potential for selling pressure from above. Stay informed with our in-depth analysis of Dow Jones.
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