Friday, November 23, 2018

Nov[6] - Market Updates

US:
DOW Jones has been weakening ever since hitting historical high on late Sep. Last rally on Nov ended lower, so a lower high formation was formed. Immediate support 24000 would be tested on coming week. Major support is ~ 23600. Shall both supports give way to the bear in forming, more downside could be seen. Recent plummet of oil price accelerated downfall of market. The last FOMC on year end shall be drawing more attention.

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