DJIA is testing the significant resistance

DJIA is reaching 31000

 

DJIA is testing the key downside resistance 31000.  A bounce from here is required to an upside reversal and a possible test of the range high 33000 before new low. You should be prepared for the both long and short trades here.

Note: look for the long trade entries with the stop loss below 30800 in the case of a stop taken look for the short trades with the stop loss above 31500

 

DJIA testing the key downside resistance

 

 

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