Forex Trading Library

Dow Jones 2016-02-04

0 190

Mini Dow-Jones

16315

as we see over the chart, market managed to rebound fast as odds for No rate hike by the Fed this year is rising while market still facing 16425 as resistance zone

our model will expect that as long as market holding below 16425 a chance for another drop rally toward 15635 will be expected

above 16425 market will head to test 16535-50 zone with chances for farther advance above 16600

  Support Resistence
Level 1 16275 16425
Level 2 16180 16535-50
Level 3 15980 16620
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