DJI just broke down the 25800 level which is a strong one especially after going sideways since mid-June, all of this will probably lead to more sell-offs in the upcoming sessions.
This's purely from a technical point of view, but yet this assessment is also heavily supported by earnings session that's about to hit.
A rally is probable after hitting the target of 24202. and that's IF it did.
This's purely from a technical point of view, but yet this assessment is also heavily supported by earnings session that's about to hit.
A rally is probable after hitting the target of 24202. and that's IF it did.
Trade closed: stop reached:
Fortunately, the idea has been invalidated