UPDATED CHART
BELOW CHART WAS POSTED IN APRIL
- Dow Jones it seems has made a top near 78.6% Fib level in month chart. First chart shows current month price action. Second chart was posted in april.
- If price closes and sustains below 12000 It may start to move towards the 61.8% Retrace level which is near 11200. This is a medium term view.
- Short term will be bearish only if price sustains below 12000.
- Medium term view may change only if price moves above 12500 level.
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