Dow Jones 2016-03-07

Posted on

Mini Dow-Jones

16915

As we see over the chart, short-run trading signals ability for market to build rising wedge formation which if managed to control market will lead for drop correction toward 16400-500 zone

market facing support zone at 16800-30 where as long as market holding above the uptrend will sustain with ability for more highs to test 17100 zone

below 16800 market will face support at 16745 where below this zone expect farther drop toward 16450 zone

  Support Resistence
Level 1 16800-30 16985
Level 2 16745 17100
Level 3 16450 17200
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