- Dow jones closes below 50 DMA once again.
- Bulls may try to find support below 50 DMA for an up move.
- If yesterday's low is not broken this week, we may see a bounce from here.
- Price is showing a falling wedge pattern which is a bullish reversal pattern. But breaking the recent low would result in continuation of the trend and an invalid pattern which will work in favor of the bears.
Posted by San at 4:38 AM
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