Dow Jones 2018-02-05

1 3

European and Asian equities fell and U.S. share futures headed lower as global stocks extended the biggest selloff since 2016

Dow managed to fell below 25900 last week where managed to head south toward target 25700 and 25400

Market managed today to extend drop wave toward 25195 before market moved into rebound correction

First resistance laying at 25470 which as long as market holding below the downtrend pressure may sustain for farther drop as we see over the chart

From another side and above 25470 market may push farther into rebound correction toward 25680 and maybe 25900

  Support Resistance
Level 1 25170 25470
Level 2 24900 25680
Level 3 24600 25900

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