Forex Trading Library

Dow Jones 2018-03-12

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As we advised last week, Dow managed to hold trades above support 24720 where another advance wave hitmarket to re-tets resistance 25050-100

Market managed also last friday to break above 25100 where managed to sustain advance and close dfrom downtrend resistance level at 25530-70 zone

As long as market holding below 25570 another drop wave toward 25050-100 may hit the market before market head again to another advance wave as we see over the chart

As long as market holding trades above 25050 the Short-Run target will sustain toward 26000-100 zone

Above 25570 mare signals will show for more advance toward 26000-100 zone

Below 25000 more drop to re-tets support 24700-50 is expected

  Support Resistance
Level 1 25380 25530-70
Level 2 25250 25800
Level 3 25050-100 26000-100
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