Trend is confirming my BEARISH view on DOW30

Below 23300, we will not have any doubts left about the upcoming bearish trend.

So far, the index has been floating above the horizontal support, but it seems it does not have enough strength to move higher.

Macd on daily chart is still positive, but it is really close to move below the zero line.

Below 23300, bulls will finally loose the battle.

So guys, let's monitor that area.

Thank you,

Simone