Dow Jones (US30) is reacting off the sell entry, which aligns with hte 161.8% Fibonacci extension and the 61.8% Fibonacci projection, and could drop from this level to the downside.
Sell entry is at 47,651.31, which lines up with the 161.8% Fibonacci extension and the 61.8% Fibonacci projection.
Stop loss is at 48,228.80, whic lines up with the 100% Fibonacci projection.
Take profit is at 46,892.33, which is an overlap support that lines u;p with hte 38.2% Fibonacci retracement.
Stratos Markets Limited (tradu.com/uk ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com/eu ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Sell entry is at 47,651.31, which lines up with the 161.8% Fibonacci extension and the 61.8% Fibonacci projection.
Stop loss is at 48,228.80, whic lines up with the 100% Fibonacci projection.
Take profit is at 46,892.33, which is an overlap support that lines u;p with hte 38.2% Fibonacci retracement.
Stratos Markets Limited (tradu.com/uk ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com/eu ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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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.
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.