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DOW tanks 700 points after Oxford vaccine trial paused – DOW JONES Market Outlook – 09/09/2020

SquaredFinancial

The Dow tanked by more than 700 points in yesterday’s session as heavyweight technology stocks continued to lead the selloff and the halting of the most promising oxford vaccine, after one patient suffered a serious adverse reaction, weighed down on market sentiment with technicals favoring lower prints with 27400 and 27175 as the next support targets.

Support: 27400 / 27175
Resistance: 27700/28000

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Source: https://www.squaredfinancial.com/learn/daily-market-outlook/dow-tanks-700-points-after-oxford-vaccine-trial-paused-dow-jones-market-outlook-09-09-2020
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