As i read dive into the macro numbers over the weekend and the technical chart of the Dow futures, I'm concerned. First, prices indeed rebound from the support zone which i posted on 3rd December. However, Friday's closure do not seems to be a good indication. 2nd. IF i dive in to ADX and the price structural movement back in 17th September 2021, the ADX move exactly like what Friday is. Which means, upside remain weak and there will be another one more downturn. Key resistance zone to lookout for, 35,121-35,255 and 35,749-35,928.
Grand rebound is likely to be at 33,636-33,592
