DOW 0.74% $5.40 downer edi limited

bounce off support

  1. 7,614 Posts.
    lightbulb Created with Sketch. 29
    As expected, bounced back off support level of 10800 with good volume - second highest for the month. Now the Dow has erased its years gains. Consolidation here here is healthier than spiking up. With economic data easing the pressure on inflation, we may not see a crash and a bear run.

    Now the bears will change their ever moving support levels with big question marks on the shorts.
 
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Last trade - 16.10pm 04/10/2024 (20 minute delay) ?
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