Dow Jones 2015-02-12

0 90

Dow Jones: 17920

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, which already done twice so far at market

market may hold short-run trading zone between 17000 – 18300

so far market still testing 17900 resistance zone , where market managed to build support level at 17625 zone , where market managed to get more advance today on Ukraine Cease-Fire Deal

market still facing resistance level at 18050 , where as long as market holding trades below this zone expect another drop toward 17200 , while above 18050 market will face 18250-300 resistance zone

Daily Trend: UP
Weekly Trend: Up

  Support Resistence
Level 1 17775 18050
Level 2 17625 18230
Level 3 17490 18300


or practice on DEMO ACCOUNT

Trading CFDs Involves high risk of loss

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