DOW JONES ANALYSIS

Chart : 1Hour

Overall Trend : Bullish

Current Market Structure : Consolidation

Scenario 1 :

Price is failing to break below 38800 , as we can see that is a strong demand area to push off on . Will wait for a break towards the upside . Will find entry on lower timeframe . We are forming a bullish chart pattern

Comment:

UNFORTUNETLY SET UP DID NOT PLAY OUT AS PLANNED , WE DID MANAGED TO CATCH SOME PIPS BEFORE THE DROP