Dow Jones and its Head and Shoulder May 5, 2020
After its minor bull, Dow Jones is now at its resistance area and if we take a look at its 4 hour chart we could see the price is forming a head and shoulder pattern. If within several trading days the price break through its support area, there is a probability the index would continue its major bearish trend, and going back to around 18,000 or even lower.
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