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Dow Jones falls below 39k on the opening
As suspected might happen on the opening today, the Dow Jones has been clipped below 39k handle and that has led to a downside extension in early trading. The chart was always pointing to a risk of that happening and that is why it was highlighted here earlier. Meantime, the rotation out of the Dow Jones and into the Nasdaq 100 looks to be still in play on the opening this afternoon. That said, the Nasdaq 100 is lower too. The low seen on the Dow Jones so far has been set just above 38,900. It is currently trading at 38,925
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