Dow Jones, Support is at 1200 around if it take resistance as mentioned on chart
Dow Jones made an attempt to close the week above the resistance line but got resisted and closed inside the weekly pattern.
Suppose to close above 12,584 above…then you will see fire work for up side.
Selling pressure come between 12590 and 12500(This is negative diversion)
Just watch closely Dow Jones Chart
To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
Get free important share market ideas on stocks & nifty tips chart setups, analysis for the upcoming session, and more by joining the below link: Stock Tips
Have you any questions/feedback about this article? Please leave your queries in the comment box for answers.
Disclaimer: The information provided on this website, including but not limited to stock, commodity, and forex trading tips, technical analysis, and research reports, is solely for educational and informational purposes. It should not be considered as financial advice or a recommendation to engage in any trading activity. Trading in stocks, commodities, and forex involves substantial risks, and you should carefully consider your financial situation and consult with a professional advisor before making any trading decisions. Moneymunch.com and its authors do not guarantee the accuracy, completeness, or reliability of the information provided, and shall not be held responsible for any losses or damages incurred as a result of using or relying on such information. Trading in the financial markets is subject to market risks, and past performance is not indicative of future results. By accessing and using this website, you acknowledge and agree to the terms of this disclaimer.
