Dow Jones: 17985
Global Equity markets faced drop around the world , where continues drop of Oil threaten inflation for more drop , while Russian surprising rate hike placed demand for haven
market managed to fell below 17200 support zone which added more drop over equity , where market anticipate Fed to head next year for rate hike
as long as market holding trades above 17000 a rebound correction may be expected toward 17700 zone , below 17000 expect 16600-700 zone
market managed to sustain rebound where managed to hit our target 17700 , while market sustain uptrend movement where resistance of long-run uptrend channel laying at 1800-100 zone
market may head for another drop correction where short-run still seeing trading zone between 17000 – 18100
as we mentioned at the end of last year and early this year , Dow managed to head toward near 18000 by the end of this year
Daily Trend: Down
Weekly Trend: Up
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