Dow Jones 2016-02-22

Posted on

Mini Dow-Jones

16540

Market managed last friday to sustain daily close above 16300 zone which a signal the uptrend still ongoing

market now have chance for trading zone between 16250 – 16700

intraday: trading signals showing as long as market holding above 16500 the market will sustain uptrend to test 16700-15 zone

below 16500 market may head for another drop correction where support zone at 16250-80

short-run : as long as market holding above 16250 the uptrend will sustain , below 16250 market may head for bigger drop toward 15985 zone

  Support Resistence
Level 1 16500 16700-15
Level 2 16250 16850
Level 3 15985 17000
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