Forex Trading Library

Dow Jones 2015-12-16

0 177

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
Leave A Reply

Your email address will not be published.