Dow correction
Long term trend is a strong bull market however we're do for a small 10-15% correction. On the weekly chart we're reaching the top of a channel around 21140(Reversal zone)Strong resistance) First support would be 18,928 and second strong support area is the 50% retracement level at 18,238. Correction will favor UVXY and SDOW acquisitions.
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.