Dow Jones 2018-04-04
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 |