This recent sell-off may mark the beginning of a more bearish, shaky market. Hopefully it won't break the support around 23,400. There is resistance now as well, which I think will cause the DJI to falter, just moving between support and resistance, similar to how the market was behaving before Trump won the election. Then again, perhaps the market will rally off this pullback, who knows.
Kommentera:
We'll see if it can break 24,750 resistance tomorrow. Decreasing volatility is a good sign.