FX.co ★ Technical analysis of INDU for July 09, 2018

The INDU now looks like loosing its volatility. We can judge this from the overall price making a Descending Triangle on the Daily Chart. This pattern is a trend continuation pattern from the $INDU Bullish bias. However, it seems that a few days later the index will test first the resistance level of 24,673.18 before heading downward to reach the support level of 23,578.16.

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