Dow Jones 2015-12-16
DOW .. (DJ_5z)
17655
Market managed 2 days ago to re-test 17150 while rebound fast to obtain daily close above support level of the uptrend channel as we see over the chart
so far market showing ability to build another uptrend wave which will target 17800-900 as first target as we advised before
while above 17900 market may open new uptrend wave toward 18075 and 18175 as first targets
below 16850 market may open new downtrend wave that may target 15900 zone
Support | Resistence | |
Level 1 | 17200-40 | 1770 |
Level 2 | 17150 | 17900 |
Level 3 | 17000 | 18175 |