Dow Jones 2016-05-20

May 20 2016, 11:34 am

US30 Dow-Jones

17485

As we see over our previous chart, Market managed to hit below 17540 last Friday where market is facing support zone at 17400-50 as we advised last week

as long as market holding above 17380 will expect another advance wave toward 18000 zone

below 17380 market may head for farther drop correction toward 17150 before we expect from there another rebound correction toward 17900

market managed to hit below 17380 in signs of ability to continue drop to test 17150 zone, resistance at 17640 and 17760

  Support Resistence
Level 1 17380 17640
Level 2 17150 17760
Level 3 16950 17935
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