Forex Trading Library

Dow Jones 2018-03-22

By Rami Abu-Draa Last updated Jun 18, 2025

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

Dow Jones

Rami Abu-Draa

Head of Technical Analysis at Orbex, Rami Abu Draa
holds a bachelor's degree in Banking, Finance and Economics. A professional trader and mentor with over 10 years of industry experience, Rami is passionate about sharing his knowledge with Orbex clients from basic to advanced concepts of Technical Analysis, Investment psychology and Investment/Trading methodologies. He is able to combine fundamental and technical principles to deliver a unique perspective on the markets that enables Orbex traders to identify high-probability trading opportunities.

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