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Dow Jones Futures






5/21/2020 7:00:20 PM

Dow Jones Futures - Technical Analysis: Thursday, 21/05/2020 23:00 GMT



The rising wedge’s support line is broken, but we notice that the index attempts to achieve gains and move above 50% Fibonacci correction level.

We believe that the negative pattern’s effect will start pushing the index to decline, and breaking 23890.00 will confirm the continuation of the bearish bias to 22550.00 initially.


Target
Risk


Support
Resistance


Trend Bearish

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