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Dow30 eyes 23.6% Fibo support

FX:US30   Dow Jones Industrial Average Index
Bearish move in the daily MACD has opened doors for a bearish break below 18,330 and a slide towards 18,26 levels (23.6% of post Brexit rally).

A day end closing below 23.6% Fibo could yield a move lower to 38.2% Fibo support at 18,034 levels.

On the higher side, a rebound from 23.6% Fibo support would increase odds of the index posting fresh record highs.
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