Healthy Correct on Dow
1. Price is potentially at its healthy correction after the passed long-hauled rally.
2. It is seems possibly to squeeze deeper within demand zone, to hunt further stop-loss. Would not be surprise to see long wick bullish pin bar to appear around this level.
3. However, it shall steadily supported around fib 50% to 61.8%, which where next pivot level to be formed.
4. It shall then rally to challenge the next swing high level - 28835.
May the market be with you!
2. It is seems possibly to squeeze deeper within demand zone, to hunt further stop-loss. Would not be surprise to see long wick bullish pin bar to appear around this level.
3. However, it shall steadily supported around fib 50% to 61.8%, which where next pivot level to be formed.
4. It shall then rally to challenge the next swing high level - 28835.
May the market be with you!
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