Downside levels for DJI if it continues to correct further. It have already broken down the upper channel and now may test the given levels if breaks 50EMA as well which is currently acted as major support.
Just for educational purpose.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
For the week 20-24 July
Bullish above 26728
Bearish Below 26447
View Likely to be consolidation mode
May flare up on any Stimulus Package move.
Corona Pandemic 2nd wave can keep bulls incheck.
This study is in context with the monthly view on Dow in the attached chart below.
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