DowJones, February 8, 2021
Overview:
Prices are moving in a short-term downtrend
Expected:
The index is trading below a strong resistance level around 31230, which might push the index to go downwards to reach the level of 31000.
Alternative Scenario:
On the other hand, we think that if the level of 31230 is broken to the upside, this index might be pushed upwards 31400.
Resistance | 31600.00 | 31400.00 | 31230.00 |
Support | 30723.00 | 30850.00 | 31000.00 |
Disclosure of risk: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
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