Wednesday 28 March 2018

Dow Jones DJI: In trouble, still stuck below the cloud!

DJI 30 index made a rather negative reversal yesterday. Expect old lows to be re-tested for support.
Need to see the index regain some support back up to the cloud level!
Short-term rebound trade from key lows possible!

Medium-term not good picture, since price action is still below the cloud, and that indicates that the downtrend remain in place for now.

Swing trade for any rebound back up to the bottom of the cloud!

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