The Dow is a downtrend sub-component, and currently it is at the 32800 area. If it stabilizes below the aforementioned area, we will see the areas of 32600/32700. We have the 32550 area. It is considered an uptrend and a strong area on the daily frame. As a fraction, we will go down to areas below. But if it stabilizes above 33000, we will see areas 33200/33400.
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