Forex Trading Library

Dow Jones 2018-03-16

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As we advised yesterday, when Dow managed to break above 24900 market managed to add more advance to test 25050 which pushed market again toward downtrend wave

Market now facing Intraday Support levels at 24830 where as long as market holding above a trading zone between this support and resistance 25050 may hit the market

Above 25050 more advance toward 25250 is expected

Below 24830 downtrend wave may back to affect market toward targets 24300-400 zone

  Support Resistance
Level 1 24830 24950
Level 2 24660 25050
Level 3 24300-400 25250
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