Forex Trading Library

Dow Jones 2015-03-04

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Dow Jones: 18125

Equity on trading zone

Market managed this week to enter our targeted zone 18250-300 which will consider as take profit zone for the long-buy positions

market still facing resistance zone at 18250-320 zone , where as long as the daily close sustain below 18320 will expect another drop correction which may target 17200

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


Market managed to head for drop correction after testing 18225 last week , while market still facing support at 18035-75 zone

as long as market holding trades above 18035 the market may sustain advance to test 18250-300 zone . (already done this week)

from another hand, if market managed to hold trades below 18320 will expect another drop correction movement toward 17200

Daily Trend: UP
Weekly Trend: Up

  Support Resistence
Level 1 17775 18300-20
Level 2 17625 18420
Level 3 17490 18500
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