Dow Jones 2018-03-29

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As we advised yesterday and as we see over our previous chart after revised resistance

Dow managed to hold downtrend wave as market failed to break above 24100-50 resistance level

Market still trying to head for test 24300-400 support zone which in turn may activate nead uptrend wave that may target 26100 over the Short-Run

Above 24150 market may start to gather strength for farther advance toward 24600

Belwo 23100 another drop wave may hit market toward 22500-700 zone

  Support Resistance
Level 1 23700 24100-50
Level 2 23500 24460
Level 3 23300 24600
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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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