Dow Jones Index (US30): Detailed Technical Outlook 📈

21. Feb. 2023

Dow Jones is consolidating within a horizontal trading range for more than 4 weeks.
Depending on the reaction of the price to its lower boundary,
the market may drop sharply.

To confirm a coming bearish wave, wait for a bearish breakout of 33450 - 33660
and a rising trend line. We need a daily candle close below them 2 to confirm the breakout.

A bearish continuation will be expected then.
Goal will be 33060.


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