VasilyTrader

Dow Jonex Index (US30): Consolidation & Indecision

Short
CURRENCYCOM:US30   Dow Jones Industrial Average Index

Hey traders,

Dow Jones Index is currently trading within a wide intraday horizontal range.

The price reached its resistance on Friday and formed a bearish engulfing candle yesterday
confirming its strength.

I believe that the index will drop next week to 28850.

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