Dow Jones Index (US30): Potential Bearish Movement Explained

Short

Dow Jones Industrial Average Index (BLACKBULL:US30)

BLACKBULL:US30 Dow Jones Industrial Average Index

Parallel Channel Rectangle Support and Resistance US30 dowjones nasdaq indexes trading forecast S&P 500 (SPX500) Contains image

parallelchannel rectangle supportandresistance us30 dowjones nasdaq indexes trading forecast spx500 containsimage

snapshot

Dow Jones is currently ranging.
The market is stuck within a wide intraday range.

Testing the upper boundary of the range, the market was rejected heavily
and the price broke and closed below a support line of a rising channel.

We see its retest now.
I expect a bearish continuation to the support of the range - 35300

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