A rebound could be coming for the Dow, but the charts show it may be short lived
Published on 17/03/2026 10:57 AM
A rebound could be coming for the Dow, but the charts show it may be short livedThe Dow Jones is down nearly 8% from its peak, above its 200-day average near 46,500. Short-term oversold conditions hint at a rebound, but a major low may take weeks.By CNBC Pro | Katie Stockton March 17, 2026, 10:57:02 AM IST (Published)Recent weakness in the equity market emphasises the need to monitor charts closely for risk management. During corrections, we monitor key support levels and counter-trend indicators to help identify when the risk-reward profile of the market becomes more favourable.Continue Reading with CNBC-TV18 Access MembershipPriority Access and Networking: CNBC-TV18's flagship events Interaction with CNBC-TV18's journalists Webinars & LIVE Q&As with India Inc. Leaders Exclusive CNBC-TV18 studio & newsroom tours Premium business insights, expert opinions & analysis Curated lifestyle privileges & offers