Dow Jones Index (US30): Bearish Outlook Explained

Short

Dow Jones Industrial Average Index (BLACKBULL:US30)

BLACKBULL:US30 Dow Jones Industrial Average Index

Parallel Channel Rectangle Candlestick Analysis indexes US30 dowjones nasdaq NASDAQ 100 CFD S&P 500 (SPX500) S&P 500 E-Mini Futures S&P 500 Contains image

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snapshot

After NFP data on Friday, US30 turned bearish.
The market broke and closed below a support of a horizontal trading range on a daily.

It will most likely push the Index lower.

Targets - 34950 / 34700

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