Dow Jones Futures - Technical Analysis: Wednesday, 22/04/2020 05:29 GMT

The bullish correction stopped at 50% Fibonacci correction level, and the index completed forming rising wedge pattern.

The negative pressure formed by the exponential moving averages 50 and 100 adds more support to the expectations to decline, while surpassing 23890 will push the price for more bullish correction on the short term basis.