Cabana Capitals Blog Technical Analysis Will DOW 30 have enough momentum to break resistance?

Will DOW 30 have enough momentum to break resistance?

Will DOW 30 have enough momentum to break resistance? post thumbnail image

DOW 30 is moving towards a resistance line. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 4 days and may test it again within the next 6 hours.

Target: 41939.9775 Entry: 41834.8 Stop: 41609.79

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