Dow Jones Technical Analysis 23-01-18

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The Dow Jones managed to sustain its advances as we have been describing since last week. The market managed yesterday to hit its target of 26200 while more advances today brought the market close to its second target at 26350.

Intraday-Levels showed support levels at 26150 where, as long as the market holds above this point, further advances can be expected towards the 26500 zone.

Below the 26050 point a drop correction risk may emerge towards the 25750 zone.

Support Resistance
Level 1 26150 26350
Level 2 26050 26500
Level 3 25860 26680

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