^DJI Dow Jones Industrial Average at Key support level

Indice Dow Jones Industriel Moyen (DJ:DJI)

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DJ:DJI Indice Dow Jones Industriel Moyen

supportandresistance fibonacci trendline djia djianalysis

Dow jones have been falling sharply of late and it is currently rested at the 61% retracement level on the fibonacci . A close at that level along with oversold RSI could trigger a relief rally in DJI but it will find really hard to break 24500-25000 at closing level today.

Commentaire:

Dow not at 50% retrcement level and RSI near oversold levels. it should take support here for a while and if it breaks 23600, then the next real support is at 22000.

Commentaire:

22900* (instead of 22000 typo error)

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