Title: Dow Fights Back, but for How Long?
Post by: PocketOption on Oct 01, 2022, 08:26 pm
Post by: PocketOption on Oct 01, 2022, 08:26 pm
Dow Fights Back, but for How Long?
Source: Dow Fights Back, but for How Long? (https://www.orbex.com/blog/en/2022/09/dow-fights-back-but-for-how-long)
The Dow was back under pressure today. This came on the back of a 500-point jump in the previous session.
The 29k handle seems to be an area of concern for bulls and bears, as traders await the next signal for the Index.
As the rebound looks limited, will we now see a break at the previous support for fresh monthly lows?
Timestamps
DOW 01:35
SPX 03:00
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Source: Dow Fights Back, but for How Long? (https://www.orbex.com/blog/en/2022/09/dow-fights-back-but-for-how-long)