Cabana Capitals Blog Technical Analysis Breach of important price line imminent by DOW 30

Breach of important price line imminent by DOW 30

Breach of important price line imminent by DOW 30 post thumbnail image

DOW 30 is moving towards a key support level at 42998.0508. DOW 30 has previously tested this level 5 times and on each occasion it has bounced back off this level. Is this finally the time it will break through?

Supported by Downward sloping Moving Average

Target: 42998.0508 Entry: 43133.11 Stop: 43198.8745

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