Aurum Markets Blog Technical Analysis Either a rebound or a breakout imminent on DOW 30

Either a rebound or a breakout imminent on DOW 30

Either a rebound or a breakout imminent on DOW 30 post thumbnail image

DOW 30 is heading towards the support line of a Channel Down. If this movement continues, the price of DOW 30 could test 43634.9500 within the next 2 days. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.

Supported by RSI above 60

Target: 43634.95 Entry: 43987.3 Stop: 44320.07

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