The DJIA has exhibited a divergence, suggesting a bearish bias. This presents a trading opportunity to short the index with a target of 43000.
Trade closed: target reached
The price has reached a weak support level. It may rebound slightly in the next few sessions before continuing to decline towards a stronger support level.
Note
The weak support area has been breached/penetrated, there will be no recovery as initially predicted, the price may reach the predicted target by the end of this week.
Note
Price has reached its target, the forecast is over/has concluded.
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