$DJIA 34100 should not be breached

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It's an amazing feat by the bulls to hold their ground amidst higher inflation, more rate hikes and war situations. With these factors at play, one would expect the market to simply melt down fairly quickly. Today DJIA attempted to close above 35290, which is a critical inflection point to swing to a bullish advantage. But selling showed up later and tamed the market to a neutral level. If 34100 is not breached and bulls could push the index up above 35300, then the bulls will have the upper hand to test ATH soon.

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