Dow went through the swing rising 300 points Tuesday and that sharply falling 800 points Wednesday. Huge sell-off triggered amid news of 2-10 inversion and a historic low of 30-year Treasury. The index lost 3% the most in the year. After Trump delayed the 10% tariffs on $150 billion Chinese imports China said it has to take necessary counter-measures, adding the US tariffs violated a consensus reached during G20 meeting. Stocks trade with the downside bias due to deteriorated risk sentiment. The index hovers around 38.2% Fibonacci retracement
at 25 200 levels.