DOW JONES October, 29 2020

Technical Analysis
Thursday, October 29, 2020 - 03:29
Point Trader Group
DOW JONES October, 29 2020

Overview:

prices are moving in a short term bearish direction.

Expected:

The pair is trading above a strong support level around 26420, which enhances chances of a bullish move to 27044.

Alternative Scenario:

On the other hand, we see that if the level of 26420 points is broken down, this pair might push down to 26000 points.

 

Resistance270442720027400
Support264202620026000

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