Looking at the chart 39055 is key level for DOW JONES, on Friday it made very bullish candle after 6 days of consecutive fall.
However looking at chart it will not be easy for index to cross 39055 level easily and if any bearish mood looks then we may see a great fall ahead since next support is far far away from here 35700. However one must understand that its election year so volatility may be high.
Small participants have to be mindful.
As per technical if any negative candle is made near 39055 or 39k then be ready to next fall from 39k nearly 3-4%.
Dow Jones weekly view (3-7th June 2024)
BITCOIN/BTCUSD may touch $40000 in near term
Disclaimer:
Note: I am creating this article for learning purpose and make a data for myself. Any entry based on this will not create any liability on me and anyone/anything in concern with me.