Dow 4 hour chart

 

Some simple drawing was done with some nice support identified.

At the time I was looking at the chart it had gapped down to a potentially confluent area.

Due to some troubling news I thought of this as a gamble and declined to set up a trade. It turned out it would have moved nicely in my favor.

Do you see the potentially confluent area?  Any other comments?

 

us30cash-h4-fx-choice-limited

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