things are looking crook DOW Jones Industrial Average has closed below the May low of 11,030 and this is a significant level and would imply a further fall on the cards of some 500+ points (initially).
However, the DOW while it closed below this critical level only JUST did so. It may be a 'false breakdown' ... then again, it may not.
Waiting for confirmation may be a good idea .... another close below 11,030 and its a pretty grim picture.
I am leaning towards the short term bearish scenario as a breach of the May low (even though by a small margin) is still a breach, whichever way you look at it.
Expect pain on our bourse today as this sinks in.
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Last
$6.32 |
Change
0.050(0.80%) |
Mkt cap ! $4.247B | |||
| Open | High | Low | Value | Volume |
| $6.36 | $6.38 | $6.29 | $1.470M | 232.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 45 | 14325 | $6.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.32 | 1983 | 14 |
View Market Depth
| Last trade - 14.13pm 27/06/2025 (20 minute delay) ? |
| DOW (ASX) Chart |