From Dow Jones daily chart we can see Bullish engulfing cum hammer like situation with increase in volumes and RSI of 28.39 and range (12500-12600) from which Dow jones index has bounced 3 times previously.Now is the time for short sellers to book their profits as now i see the markets in the hands of the bulls.My target for Dow Jones would be 12900-13100-13300.
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