Based on Fibonacci, I believe #DJI could retrace to $36,522 level, seeking support at the 23% Fibonacci level. This level aligns with resistance. Personally, I don't anticipate a correction beyond the 38% Fibonacci DowJones rally seems strong.
#DowJones
Be Alert with Fibonacci levels:
- $36,522 23% Fib
While waiting, consider taking action. An option is to sell a PUT OPTION.
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