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HomeMarket NewsA rebound could be coming for the Dow, but the charts show it may be short lived
The Dow Jones is down nearly 8% from its peak, above its 200-day average near 46,500. Short-term oversold conditions hint at a rebound, but a major low may take weeks.
Recent weakness in the equity market emphasises the need to monitor charts closely for risk management. During corrections, we monitor key support levels and counter-trend indicators to help identify when the risk-reward profile of the market becomes more favourable.
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