Technical Analysis and Outlook
With the Stage 2 completed (Inner Index Rally), we have a setup dictating a retest of the Mean Support 24443, while weak and fragile Mean Resistance 25495 is looming above. The bearish sentiment might take the DJI index passed Mean Support 24443, and perhaps to extend the Index Dip 24129 much lower. (See 'Indices Market' tab for all-inclusive Market Commentary)
With the Stage 2 completed (Inner Index Rally), we have a setup dictating a retest of the Mean Support 24443, while weak and fragile Mean Resistance 25495 is looming above. The bearish sentiment might take the DJI index passed Mean Support 24443, and perhaps to extend the Index Dip 24129 much lower. (See 'Indices Market' tab for all-inclusive Market Commentary)