Dow Jones 2018-03-12
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 |