The Dow futures market showed rejection of support near 16,690 again today. We can see a bullish pin bar buy signal formed today in-line with the uptrend and showing rejection of this support. We could see the uptrend resume and prices push higher following today’s pin bar if the market remains buoyant above that 16,690 support level in the coming days.
Trade idea: Pin bar buy signal from support today shows potential for continuation of uptrend, traders can look for a potential buy entry