Dow Jones 2018-04-19
As we advised yesterday and as we see over our previous chart
Dow managed to head toward First advance wave from 23300-400 support zone toward 24500 zone
Market now showing a rising wedge formation within Intraday levels where resistance at 24900-50 zone while support at 24500
Market may hold trading inside this zone while above 24950 the risk for farther advance may hit the market toward 25200 and 25500
Belwo 24500 market may head for Intraday drop correction toward 23700-900 zone before another advance wave may hit the market
Support | Resistance | |
Level 1 | 24620-40 | 24900-50 |
Level 2 | 24500 | 25050 |
Level 3 | 24220 | 25200 |