- If dow jones closes below the horizontal line. The index will make a new lowest closing price for this year.
- That means closing near day's low point as well.
- It is clearly a bearish news. And chances of breaking below 9750 will increase
- But Even if we close below 9900 the falling wedge pattern will still be intact giving hopes to those bulls who has not triggered their stop loss yet.
- CLICK HERE TO SEE THE FALLING WEDGE IN DAILY CHART
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