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.
things are looking crook DOW Jones Industrial Average has closed...
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Last
$6.27 |
Change
-0.020(0.32%) |
Mkt cap ! $4.210B | |||
| Open | High | Low | Value | Volume |
| $6.25 | $6.31 | $6.19 | $12.96M | 2.071M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12653 | $6.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.31 | 350 | 1 |
View Market Depth
| Last trade - 16.12pm 26/06/2025 (20 minute delay) ? |
| DOW (ASX) Chart |