Dow Jones 2016-05-20
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 |