Dow Jones Industrial Average dips as US election, Fed rate cut loom

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Dow Jones Industrial Average dips as US election, Fed rate cut loom
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The Dow Jones Industrial Average (DJIA) fell over 0.29% or 100 points in early trading during the North American session on Monday.

Poll volatility keeps Wall Street cautious; VIX rises above 20. Nvidia to replace Intel, Sherwin-Williams to replace Dow in

surpassed the 50-day Simple Moving Average at 41,953, opening the door for further downside. If the Dow Jones achieves a daily close below 42,000, sellers could push the index toward the August 30 high turned support at 41,574. On further weakness, the next stop would be the September 2 high turned support at 41,564, ahead of the 41,000 area. If the Dow Jones posts a daily close above 42,000 buyers, it could remain hopeful of challenging the October 30 low, which turned resistance at 42,122.

? There are a number of ways to trade the

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