Popular Indices
, 1 minute
long
#Fundamental
#Bullish
Resistance 1 | 35289 |
---|---|
Quote Price | 34465 |
Support 1 | 33805 |
Support 2 | 32684 |
On the daily chart, we can see that the Dow Jones broke through a key support zone where we had the upward trendline and the previous swing high level. This has opened the door for much lower prices and the first key support comes at 33805. The bias is now bearish as the price has been printing lower lows and lower highs and the moving averages are crossed to the downside.
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