Dow 61.8% Retracement Level In Play, Could Pose Challenge To Market (DIA, DJI)

In the video below, Adam Hewison of MarketClub points out that the Dow (DJI) is trading at the 61.8% retracement level (2007 peak/2009 trough). This area could pose a challenge to the market, in his opinion. I will zoom in on short term support levels later that must hold.

Video courtesy of MarketClub blog


For more video updates visit the MarketClub blog. I'm an affiliate of MarketClub.

Related Posts

Comments

HTML Comment Box is loading comments...