From Forexlive:

Technical analysis from ForexLive.com on the DJI index shows bulls and bears contesting, with bulls having a slight advantage from the opening gap. Touch points and a triangle formation indicate resistance and support levels. A potential bear flag formation suggests caution for traders, with critical price levels at 38,800 for bulls and 38,675 for bears. A close above 38,800 favors bulls for upward momentum, while a close below 38,675 favors bears for a potential downturn. Traders should approach with caution and monitor price movements closely. Visit ForexLive.com for more insights.



Read more at Forexlive: DJI technical analysis – bulls are find as long as they are above 38800