Dow Jones is moving in a downtrend after breaking the last low.
It made a corrective move to the 50% Fibonacci level on the 15-min chart,
and retraced to the 0.61 Fibonacci level on the 1-hour chart.
It’s expected to continue toward the Fibonacci extension targets at 100% and 127%. 📉
It made a corrective move to the 50% Fibonacci level on the 15-min chart,
and retraced to the 0.61 Fibonacci level on the 1-hour chart.
It’s expected to continue toward the Fibonacci extension targets at 100% and 127%. 📉
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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.