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Is DTM positioned for a breakdown? 200 Day Moving Average Resistance shows up after sliding 0.65%
On Thursday, August 27th, DTM moved down 0.65% while volume was to 1.2× the usual levels. Multiple bearish signals emerged — 200 DMA Resistance, 1,2,3 Retracement Bearish, Non-ADX 1,2,3,4 Bearish & 20 DMA Resistance — suggesting potential weakness ahead. Key support levels exist at 129.43, 127.19 & 125.36, with resistance at 133.5, 135.33 & 137.57.
Current SwingTradeBot Technical Rating of DTM: D
Today’s move could mean more—check all the signals for DTM on SwingTradeBot.
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