Dow Jones 2018-01-15

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Dow managed to maintain it’s uptrend wave as we discussed last week. It managed to close and hit it’s target of 25980 as we see from our previous chart.

Short-Run indicates a resistance level at 25980 where, as long as the market holds below, creates a chance for a drop correction with trading zones between resistance level 25980 and support level 25600.

Above 25980 the market may head for further advance toward the 26200 zone.

Support Resistance
Level 1 25890 25980
Level 2 25710 26080
Level 3 25600 26200
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