Dow Jones Industrial Average – watch for demand coming in at support zone


Currently, a markdown phase is heading right into a channel bottom area, where potential demand could come in. We should be looking out for signs of accumulation and bullish reversal bars or small pause bars which could turn the tides.

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About the author

Spencer is an avid globetrotter and unconventional forex trader who made his first million at 28, while trading & travelling around the world. From there, he started building a diversified portfolio of stocks, REITs, ETFs, properties, and businesses. As a former professional in private equity and proprietary funds, he has over 10 years of market experience, and has been featured on more than 20 occasions in the media. To date, he has travelled to over 50 countries to teach and inspire others.

 

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