Dow jones 34250
Index is facing price rejection around 34350-34600 range.
If index is not able to cross above 34600 range and sustain.
Pre assumption of harmonic pattern formation, resistance as per previous swing high levels.
would act as stiff resistance, reversal from current levels would lead to steep selloff in index.
down side levels of 32500-32000-31500 possible..
Bulls time be cautious
Index is facing price rejection around 34350-34600 range.
If index is not able to cross above 34600 range and sustain.
Pre assumption of harmonic pattern formation, resistance as per previous swing high levels.
would act as stiff resistance, reversal from current levels would lead to steep selloff in index.
down side levels of 32500-32000-31500 possible..
Bulls time be cautious