Dow Jones: Short-term bounce higher now possible
The price could have found a low to bounce higher from. In my original chart linked below in related ideas, I said "support could be somewhere between 24550 - 24650 this week."
Yesterday the Dow Jones fell right down into this price area. Yesterday's low on June 19 was 24568 only 18 points above the lowest low I had foreseen (24550). Yesterday's close was 24700, just 50 points above the minimum low I had foreseen (24650).
Therefore it is highly likely that the Dow Jones is going higher in the next days.
Yesterday the Dow Jones fell right down into this price area. Yesterday's low on June 19 was 24568 only 18 points above the lowest low I had foreseen (24550). Yesterday's close was 24700, just 50 points above the minimum low I had foreseen (24650).
Therefore it is highly likely that the Dow Jones is going higher in the next days.
