DOW 30 is moving towards a line of 38525.3984 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If DOW 30 continues in its current trajectory, we may see it move towards 38525.3984 within the next 11 hours.
Supported by Upward sloping Moving Average
Target: 38525.3984 Entry: 38126.62 Stop: 37968.1698