Forex Trading Library

Dow Jones 2015-12-23

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Dow Jones

17425

Market is seen to have travelled higher aiming closer at the Resistance levels of 17425-17528.
Market does look like it favors a trend corrective move upwards before making a trend continuation move downwards along the C to D leg.

The above shown geometric pattern signals a probable drop of prices following the C t D leg targeting the shorter term Support areas of 17321-17214.

  Support Resistence
Level 1 17321 17425
Level 2 17261 17479
Level 3 17214 17528
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