- Dow Jones is trading below its 200 hour moving average.
- Distance between 50 and 200 hour moving average is reducing which is a real concern for the long term bull.
- Price and CCI is indicating a positive divergence in the making But divergences to work needs the help of price. It is looking very oversold so expecting a relief rally soon towards the 200 hour moving average.
- SPY SUPPORT AND RESISTANCE LEVELS
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