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Dow Jones Index (US30): One More Bearish Setup
Dow Jones Industrial Average Index
Short
Dow Jones Index (US30): One More Bearish Setup
By VasilyTrader
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Aug 6
7
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Aug 6
https://www.tradingview.com/x/cHmS8iPo/
I also see a bearish trend following setup on Dow Jones.
After yesterday's selloff, the market started a correctional movement.
On an hourly time frame, the market found a resistance around 39100 level
and formed a double top on that.
I think that the Index may drop at least to 38655 level.
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Candlestick Analysis
Double Top or Bottom
dowjones
indexes
nasdaq
S&P 500 (SPX500)
Support and Resistance
us100
US30
us500
VasilyTrader
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