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DOW JONES sustaining on lower levels with bearish pennant, bear must watch daily breakdown

DOW JONES was down on Friday morning after testing the high level of 46478 in the last trading session as US stock futures edged lower on Friday as concerns over bad loans at regional banks pressured sentiment. On Thursday, the Dow fell 0.65%, the S&P 500 dropped 0.63%. The weakness followed disclosures from Zions Bancorporation and Western Alliance about troubled loans, heightening fears of broader credit market stress.