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Tight Election Race keeps investors on edge – DOW JONES Market Outlook – 04/11/2020


U.S. equities printed higher (the Nasdaq reached its limit up) and the Dow hit our long resistance targets with 27400 resistance level now turned into support, as investors continued to react to incoming headlines. What seemed as a democratic blue sweep has now turned into a very tight race , with all eyes on Michigan, Wisconsin and Pennsylvania. Technically, a short entry is looking favorable, while keeping in mind the unprecedented uncertainty/volatility.

Support: 27400/ 27175 / 27000
Resistance: 27700/27850

SquaredFinancial Daily Market Outlook


SquaredFinancial Review

Source: https://www.squaredfinancial.com/learn/daily-market-outlook/tight-election-race-keeps-investors-on-edge-dow-jones-market-outlook-04-11-2020
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