Forex Trading Library

Dow Jones 2018-04-04

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Dow finally managed to head for main drop to test Short-Run support around 23300-400 

Market back again to test this support zone on China tariff retaliation on US product

As we advised last week, Dow Short-Run seeing support base at 23300-400 which may hit market for bige rebound correction wave with first target 24500-700

As long as market holding above 23130 the uptrend correction wave may be expected toward 24500 and 25500

Below 23130 more drop wave may hit market toward 22500-700 zone

  Support Resistance
Level 1 23300-400 23800-50
Level 2 23130 24050
Level 3 22500-700 24300
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