As mentioned, DIA is very much bearish based on price action. Price is now at the edge of the BZ and also at a strong support. Watch this level with NDX 15163 and SPX 4433. If market can hold these 3 levels, look for a possible bounce during European session to DJIA 34323 and even 34363 before further downside.
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Join me for free on Patreon (patreon.com/fademeifyoucan) to receive my daily FX and indices trading plan. DM me to join my new group to learn all my trading levels and to trade together.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.