Forex Trading Library

Dow Jones 2018-02-07

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Dow managed to head for fast rebound correction yesterday as market beeing on over sold territory pushed for rebound correction toward target 24800 as we advised yesterday

Market now facing downtrend resistance around 25000 zone as we see over the chart where as long as market holding below 25000 another drop wave may hit the market toward 23600-800 zone

Above 25000 more advance will be expected toward 25500 zone

  Support Resistance
Level 1 24600 25000
Level 2 24100 25500
Level 3 23600 25800
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