Short
DOWJONES Daily Projection 07/10/22
DOW JONES
DOWJONES continued down to penetrate support 29948 after rising to try to break the resistance yesterday. the price is now below the MA100 with the MA8 which has also made a death cross with the MA100. The price is currently in the range of 29633 - 29948 and is making a correction after the breakout this morning.
[Possible to take]
Doing a SELL does not get a good RR.
R3 30937
R2 30535
R1 30270
PV 29948
S1 29633
S2 29145
S3 28937
DOWJONES continued down to penetrate support 29948 after rising to try to break the resistance yesterday. the price is now below the MA100 with the MA8 which has also made a death cross with the MA100. The price is currently in the range of 29633 - 29948 and is making a correction after the breakout this morning.
[Possible to take]
Doing a SELL does not get a good RR.
R3 30937
R2 30535
R1 30270
PV 29948
S1 29633
S2 29145
S3 28937
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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.