Forex Trading Library

Dow Jones 2016-03-14

0 150

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
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