Dow Jones 2015-06-09

0 53

Dow Jones: 17745

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 – 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 and by penetrating that level the sell-ff mode would be accelerated

Daily Trend: Neutral
Weekly Trend: Up

  Support Resistence
Level 1 17750 18000
Level 2 17620 18150
Level 3 17500 18250


or practice on DEMO ACCOUNT

Trading CFDs Involves high risk of loss

Leave A Reply

Your email address will not be published.