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Published on 16 Jun 2022 on FX Empire via Yahoo Finance

E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Testing 30,000 as Recession...


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September E-mini Dow Jones Industrial Average futures are sharply lower at the mid-session, piercing the psychological 30,000 level on Thursday as investors continued to trim long stock positions on worries the Federal Reserve’s aggressive tightening would push the economy into a recession.

At 18:04 GMT, September E-mini Dow Jones Industrial Average futures are trading 29976, down 675 or -2.20%. This is up from an intraday low of 29792. The SPDR Dow Jones Industrial Average ETF (DIA) is at $300.73, down 6.50 or -2.12%.

The Dow traded below 30,000 for the first time since January 4, 2021 after first breaking above that level for the first time in November 2020.

NYSE.PG price evolution

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