The bullish rally observed on the Dow Jones index since the beginning of November could give way to a breathing space in the market as the upward trend runs out of steam below technical resistance at 32260 points. The hourly candle running out of steam formed yesterday at the opening gives sellers the opportunity to position themselves to play a temporary pullback towards 35910 and 35750 points. Investors who choose to position themselves will place a stop order at 36260 points, to be managed at the hourly close. Buying range: 7.20-8.20 ISIN: DE000VQ8F8U4 Expiry: Open Stop barrier: 36731.37 Leverage: 43 Stop loss: 36260 Target 1: 35910 Target 2: 35750
Head of TRADING CENTRAL research: Rémy GAUSSENS
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Written on 07-12-2023 at 12:27 UTC+1
Price reference: 0.00 last known on 07-12-2023 at 12:27 UTC+1
Temporary horizon:
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