Dow Jones 2016-08-03

Aug 03, 11:34 am

As we advised last week, market sustain trades below resistance 18550 which kept downtrend pressure over short-run

market over Intraday levels facing resistance zone at (18345 – 385) where as long as market holding below this resistance will expect farther drop to test 18100-60 zone where market may head for rebound correction from that support

below 18100 market may confirm bigger drop correction toward 17400 zone

above 18385 market may add more advance toward 18480-90 levels

  Support Resistence
Level 1 18250 18345 – 385
Level 2 18100-60 18480-90
Level 3 17900 18550
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