Dow Jones 2015-01-05

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Dow Jones: 17690

Equity on trading zone

Dow managed to hit zone of 18000-100 last year which provided good zone to re-short-sell market as we advised before

as long as market holding trades below 18100 will expect some drop pressure to start affecting market where another drop correction toward 17200 may be expected

market may hold short-run trading zone between 17000 – 18100

above 18100 market may head to test 18250 zone

Long-Run

as we mentioned at the end of 2013 , Dow managed to head toward near 18000 by the end of 2014

Daily Trend: Down
Weekly Trend: Up

  Support Resistence
Level 1 17630 17795
Level 2 17515 17880
Level 3 17370 17975
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