$DJI comparison of respective spike top reversals - 2006 & 2020
DOW After a spike top reversal in May 2006 the Dow ended up retesting a prior major support/resistance zone.If the market continues to weaken are we looking at retest of the 25000 - 24500 prior support/resistance level... Currently ~8% lower
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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.