Dow Jones (US30): Pullback From Key Level

Short

Dow Jones Industrial Average Index (BLACKBULL:US30)

BLACKBULL:US30 Dow Jones Industrial Average Index

Parallel Channel Trend Lines Candlestick Analysis indexes US30 dowjones nasdaq us100 S&P 500 (SPX500) us500 Contains image

parallelchannel trendline candlestick indexes us30 dowjones nasdaq us100 spx500 us500 containsimage

snapshot

After a test of a strong horizontal resistance,
Dow Jones broke and closed below a support line of a rising parallel channel
on a 4h time frame.

We can expect a retracement to 38230 / 38066

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