Continuing yesterday's analysis, first target of 0.500 is completed. Dow can take support at this level. It can trade sideways 0.382 to 0.500 Fibonacci levels. 0.618 level is on cards as it is a crucial level. Dow is short from 1st May after forming Evening star pattern.
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.