Aurum Markets Blog Technical Analysis DOW 30 broke through important 44490.4492 price line

DOW 30 broke through important 44490.4492 price line

DOW 30 broke through important 44490.4492 price line post thumbnail image

DOW 30 has broken through a support line. It has touched this line numerous times in the last 6 days. This breakout shows a potential move to 44182.3750 within the next 17 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.

Supported by Downward sloping Moving Average

Target: 44182.375 Entry: 44333.92 Stop: 44727.1959

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