some more room for upside in relief rally for Dow Jones
There is still steam left on the relief rally, 32300 may be a potential reversal or watchpoint as the GAP potentially gets filled.
If the first resistance Trendline gets breached DECISIVELY with good volume, then we can aim for reversal in the second resistance Trendline
But the long term downtrend is still intact as the market structure didnt change yet
If the first resistance Trendline gets breached DECISIVELY with good volume, then we can aim for reversal in the second resistance Trendline
But the long term downtrend is still intact as the market structure didnt change yet
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