Dow Jones moved back to the resistence level. As the war in the mideast is still lingerling around, there’s no much room for futher move up from here.
The market is looking for direction. Maybe the war is close to an end?
Dow Jones Industrial has reached the previous low. We should see some bounce unless some really bad development continues in the mideast.
Obviously the latest development in the mideast has caused some concerns on the market. Along with other major indices, Dow Jones Industrial lost ground and it looks likely that it will retest previous low again.
Consider it a potential buying opportunity.