Dow jones

By Anand Srivastav

Popular Indices

, 1 minute

long

#Fundamental

#Bullish

Range

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.