ArmanShabanTrading

📉 #Dowjones : Waiting for a Correction ? (READ THE CAPTION)

Short
CAPITALCOM:US30   Dow Jones Industrial Average Index
By checking the Dow Jones chart in the daily time frame, we can see that the price is trading in the range of 35320, and I think that after the strong growth that we have seen in the last month, it will finally be stopped to some extent! The range of 35400 to 35700 is an important supply zone and I think the price will be corrected after entering this RANGE! If this is confirmed, I will update this chart and talk about its possible targets in more detail! Everything is clear on the chart and those who know my technical and analytical methods can use it very much!

Please share your opinion about the possible trend of this chart with me and support us with your likes and comments.

Best Regards , Arman Shaban
Comment:
As you can see, by checking the Dow Jones chart, we can see that the price is still trading in the range of 35350 and the falling scenarios that we considered for it are still valid, But pay attention that the most important condition to start this correction is to enter and then stabilize the price below the range of 35450 to 35680! This analysis will be updated!


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