Forex Trading Library

Dow Jones 2015-12-17

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DOW .. (DJ_5z)

17800

Market managed this week 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 (done today at market)

while above 17900 market may open new uptrend wave toward 18075 and 18175 as first targets

as long as market holding trades below 17900 expect some trading zone between 17700-900

  Support Resistence
Level 1 17675 17800
Level 2 17550 17900
Level 3 17470 18075
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