Rotuma

Dow Futures is down to a critical level around 35532

CBOT_MINI:YM1!   E-mini Dow Jones ($5) Futures

Dow Futures is down to a critical level around 35532

The recent bounce at 35885 was short-lived after it was rejected at 36239 estimates, as indicated in my previous analysis chart. The index fell from 36239, made attempts to hold at 35767 but failed and continued down to 35532, closing Friday's session around the 200 MA line.

www.tradingview.com/...-or-dead-cat-bounce/

Dow will face some challenges around the 200 MA line in blue and the support line at around 35532, and this will be an important level to watch in next week's session. Dow will need to hold at these critical levels to avoid further decline.

www.tradingview.com/black-friday/

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.