S&P500 has hit the 2002 low, but Dow Jones is still about 300+ points away from the 7,100 lowest level in 2002. Do you think Dow Jones will continue to dive to touch the 7,100?
Dow Jones Will Touch 7,100 For Sure
My take at the current junction is that Dow Jones will definitely touch 7,100 level. After breaking the sideway support level of 8,194 on Thursday, I think the day for Dow Jones to touch the 7,100 level has come. The previous support of 8,194 will not become a resistance level.
Keep it short, I am looking at Dow Jones to swing between 7,100 and 8,194 in the coming week. We will see and review this decision next week.
US Dow Jones Stock Market Trends
DISCLAIMER: This information is used for learning purposes only. It does not constitute an offer or solicitation to buy or sell. You should do your own analysis on top of my postings.
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