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Dow Jones Technical Analysis

On the daily chart below, we can see that the Dow Jones weakened as traders “sold the fact” on the debt ceiling deal. The sellers once again leant on the red 21 moving average targeting the key 32684 support. The bias for the Dow Jones remains skewed to the downside as the moving averages are crossed to the downside and the market keeps printing lower lows and lower highs. Nonetheless, we should expect the buyers to start defending this support zone as a break below it would open the door for a... Read More

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Jones

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Forex

Posted: Jun 1 2023, 08:07

Author Name: forexlive

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