18000 Key Rebound / Support Level

DJIA 18000 came to defend or rescue dying markets. If bad news cannot knock it down further after about -38% drop, then rebound may come tomorrow or soon.

It is time to take profits on short/put and open some long/call positions. However, this rebound wave may last 1-2 weeks until first resistance 21777.

It is very unlikely to get back 25363, second level. Technology (cloud, network), online entertainments, and online services are among potential leaders.

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