DOWJONES - Downtrend facing resistance.

Dow Jones.... let apply my theory on it. from chart t is very clear 32200 is resistance made on 30th Aug. 2022.
previous to this last resistance was at 33909 ( 26 April 2022) and failed to breakout but attempted on 16 Aug. 2022

once it breaks 32200, we will position on Indian market to and make more positions until then we can see volatility

Kommentera:

Is a just a small rally after a deep correction or bottom is formed. still we need to wait and watch

Kommentera:

Monday is crucial, if it breaks , we can see new high in India market. if not, we will continue consolidation in India

Kommentera:

turnaround from breakout level.. an previous bottom is also breaked..let see what appens

Kommentera:

i was waiting for breakout to sustain which didnt happen.. perfect resistance