CURRENCYCOM:US30   Dow Jones Industrial Average Index
26350-27000$ is an important level as it matches perfectly with the following indicators: 200MA(Daily), 78,6% FIB.

The RSI could also being rejected of the overbought zone

The V recovery might be finished soon and we might go down.

I have drawn the potential new long term channel and the fibonacci extensions that could play a role in the future.

GLHF :)

*This is not a financial advice*

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.