Dow Jones 2015-06-03

0 6

Dow Jones: 18033

Continuation the uptrend ; with lower liquidity

On the longer-term as long as market trading higher than 17,000 $ dollar for the index ;then it is an buy opportunity to target $20,000. . However , on the chart we can see the market was trading within the channel ; however , the market now on the bottom of that short 0- term channel which means expected more upside movement , in case market did not succeeded to respect that channel then the penetration would target the level of 17500

Daily Trend: Down
Weekly Trend: Up

  Support Resistence
Level 1 18000 18150
Level 2 17950 18250
Level 3 17780 18500

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or practice on DEMO ACCOUNT

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