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Dow Jones drops from 40260 to 39340: Bears take control.

Started by forex4you, Aug 04, 2024, 06:49 am

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forex4you

Aug 04, 2024, 06:49 am
Dow Jones drops from 40260 to 39340: Bears take control.

Jobs report raised markets' concerns and triggered yet another sell off resulting in 900 points intraday drop from 40260 day high smashing its way down to 39340 Next support is seen aligned with 4 hourly 200 SMA 39175 which may show some recovery.

Source: Dow Jones drops from 40260 to 39340: Bears take control.
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