Dow Jones 2018-03-22

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As we advised yesterday, Dow managed to head father advance to tets resistance zone 24950-25050 where market managed again from there to back to downtrend pressure

Intraday Levels showing old support at 24450 where as long as market holding above a rebound correction may hit the market toward 24635 or 24750-90 which may again restor downtrend pressure toward 23900 zone

Below 24450 market may enter downtrend wave that may head toward 23900 zone

Support Resistance
Level 1 24450 24635
Level 2 24220 24750-90
Level 3 23900 24950-25050
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Rami Abu-Dra`a is a Chief Technical Analyst at Orbex and a holder of B.S Degree in Banking & Financial Science / Subsidiary Economic. Rami ‘s strategic vision of forex markets, enhanced by more than a decade of trading experience, allows him to efficiently mix fundamental and technical analyses, and find the best investment ideas for Orbex traders.

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Rami Abu-Dra`a is a Chief Technical Analyst at Orbex and a holder of B.S Degree in Banking & Financial Science / Subsidiary Economic. Rami ‘s strategic vision of forex markets, enhanced by more than a decade of trading experience, allows him to efficiently mix fundamental and technical analyses, and find the best investment ideas for Orbex traders.

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