Forex Trading Library

Dow Jones 2016-05-02

0 385

US30 Dow-Jones

17790

Market managed to hit below 17775 in signs of more drop yet to come

market now facing support at 17540 which may be target for the short-run before a rebound correction may hit the market toward 18000 zone

below 17540 market may head for farther drop toward 17400-50 before hit any rebound correction

in general market facing resistance at 17850-915 where as long as market holding below this zone the downtrend pressure will sustain

  Support Resistence
Level 1 17540 17850
Level 2 17400-50 17915
Level 3 17250 18000-50
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