There is a possibility of reducing risk taking

There is a possibility of risk reduction in stock indices including Dow Jones

By examining the trend in the four-hour time frame, the Dow Jones index is approaching the resistance range of the ceiling of the ascending channel in the range of 39154-39070, and therefore, this scenario is strengthened, provided that no close candle time is recorded. For four hours above the mentioned resistance interval, the price will decrease until the support interval of the bottom of the channel in the range of 38262-38157.