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Dow Jones Technical Analysis - Successful breakout could lead to all-time highs

Dow Jones Technical Analysis - Successful breakout could lead to all-time highs
The miss in the US CPI report and the better-than-expected US Retail Sales and Jobless Claims last week, gave the Dow Jones enough strength to probe above the key resistance at 35289 and opening the door for the all-time highs. As long as the current soft-landing narrative continues to remain intact and the data doesn’t point to an imminent recession, we should keep seeing the dips being bought and the Dow Jones reaching new highs. Dow Jones Technical Analysis – Daily TimeframeOn the daily chart... Read More
Posted: Jul 24 2023, 08:32
Author Name: forexlive
Views: 080822

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