Forex Trading Library

Dow Jones 2017-08-04

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as we see over our previous chart, Dow managed to obtain daily close around 22020 which may consider as break as we explained yesterday

Intraday level showing support at 21940 where as long as market holding above more advance toward 22170 is expected, while a bigger advance wave toward 22500 may hit the market

below 21940 market may add more drop toward 21820 which in turn may provide another rebound movement

below 21820 more drop toward 21700 will be expected

  Support Resistance
Level 1 21940 22170
Level 2 21820 22300
Level 3 21700 22500
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