ChartArt

Dow Jones: Short-term bounce higher now possible

Long
DJ:DJI   Dow Jones Industrial Average Index
The price could have found a low to bounce higher from. In my original chart linked below in related ideas, I said "support could be somewhere between 24550 - 24650 this week."

Yesterday the Dow Jones fell right down into this price area. Yesterday's low on June 19 was 24568 only 18 points above the lowest low I had foreseen (24550). Yesterday's close was 24700, just 50 points above the minimum low I had foreseen (24650).

Therefore it is highly likely that the Dow Jones is going higher in the next days.
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