Global equities tanked on fresh lockdown worries across Europe and possible delays in U.S. fiscal stimulus, as the Dow hit our short entry support targets at 27550 and 27400 with all eye’s on Fed Chair Powell and U.S. Treasury Secretary Mnuchin as they testify in front of lawmakers today. Techniclas continue to favor further downside with 27000 and 26785 as the closest support targets.

Support: 27000 / 26785
Resistance: 27175 /27400


Risk Warning: 56.82% of retail CFD accounts lose money

This analysis is just part of a greater daily market report on 8+ of the hottest instruments and assets provided to all SquaredFinancial clients.

Register for a live account and receive the daily report in full detail for free. 

Disclaimer: This information is only for educational purposes and is not an investment recommendation. The information here has been created by SquaredFinancial. All examples and analysis used herein are of the personal opinions of SquaredFinancial. All examples and analysis are intended for these purposes and should not be considered as specific investment advice. The risk of loss in trading securities, options, futures, and forex can be substantial. Customers must consider all relevant risk factors including their own personal financial situation before trading.