Aurum Markets Blog Technical Analysis Possibility of big movement expected on DOW 30

Possibility of big movement expected on DOW 30

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DOW 30 has broken through the support line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 41930.1262 may materialize within the next 2 days.

Supported by Downward sloping Moving Average

Target: 41930.1262 Entry: 42193.4262 Stop: 42528.6

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