Under Pressure
Our Pivot: 34,240
Our Preference: Start short selling Dow Jones below 34,085 with strict stop loss of 34,240 and profit target at 33,890 with extension towards 33,760.
Alternate Scenario: Upward penetration of 34,240 will call for 34,450.
NOTE: Dow Jones is being capped by a strong horizontal resistant region.
Chart with supports & resistances:
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