Dow Jones opened higher at the start of the week with a big cheer to the market to move higher. Dow Jones now broke the resistance of the consolidation phase and this may suggest to have one more round of bull run again.
Dow Jones Testing Tough 200d Moving Average Resistance
Its immediate resistance will now be the 200d moving average. This is a very stubborn and tough resistance to break. Breaking 200d MA may suggest continuation bull run is in place. Likely Dow Jones will hit the 200d MA resistance and retrace downward before we can see a clearer picture on the next market movement.
Dow Jones Testing 200d Moving Average
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