Dow reverses to create potential bear signal

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Dow reverses to create potential bear signalWall Street CFDFOREXCOM:US30FOREXcomThe day is not over yet, but the current candlestick on the Dow Jones chart doesn't paint a pretty picture. A sharp reversal has formed an inverted hammer off the bearish trend line and resistance circa 52,335. Next support comes in at around 51,530ish. Let's see if it will bounce should we ger there. With a couple of hours to go, dip buyers could yet step in to save the day, but a close around current levels wouldn't be too confidence-inspiring heading into CPI release on Wednesday. By Fawad Razaqzada, analyst at FOREX.com