Rebound Insight
Our Pivot: 33,160
Our Preference: Start buying Dow Jones above 33,166 with strict stop loss of 31,160 and profit target at 33,450 with extension towards 33,550.
Alternate Scenario: Downward penetration of 33,160 will call for 32,990.
NOTE: Dow Jones is being supported by an ascending trend line.
Chart with supports & resistances:
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