Dow Jones 2016-03-14
Mini Dow-Jones
17175
Market managed last week to break below rising wedge formation while holding above support 16745 prevent the confirmation of such break
market may hold trading inside this tight zone as market moving closer to FOMC statement and rate decision which may lead the market for the coming wave trend
as long as market above 17100 will expect strength to sustain toward 17300
below 17100 market may head for another drop correction where first support at 16800-20 zone
Support | Resistence | |
Level 1 | 17100 | 17220 |
Level 2 | 16800-20 | 17300 |
Level 3 | 16745 | 17400 |