- Dow Jones daily chart shows good reversal move and a closing which is closer to the day's high. But price is yet to reach 200 Day SMA.
- 20 Day SMA and 200 Day SMA is showing a bearish cross, This area will be tough to cross if price gets this far.
- Price resistance between 12977 - 13038 is also near this resistance levels.
Nice analysis as always.
ReplyDelete@Debdeep
ReplyDeleteThanks for the comment