DJI down to 24202
DJI just broke down the 25800 level which is a strong one especially after going sideways since mid-June, all of this will probably lead to more sell-offs in the upcoming sessions.
This's purely from a technical point of view, but yet this assessment is also heavily supported by earnings session that's about to hit.
A rally is probable after hitting the target of 24202. and that's IF it did.
This's purely from a technical point of view, but yet this assessment is also heavily supported by earnings session that's about to hit.
A rally is probable after hitting the target of 24202. and that's IF it did.
Trade closed: stop reached
Fortunately, the idea has been invalidated
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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.