Dow Jones 2018-05-02
Dow failled to hold trades above support 24050 yesterday where market managed to break and head lower toward 23800
Intraday Levels showing first resistance at 24230 where as long as market holding below more drop toward 23500-700 target zone is expected
Above 24230 market may head for farther advnce to test 24400 downtrend resistance line which may push back for a drop
Above 24400 the risk for more advance to break above 24500 will rise and bigger advance toward 24850 may occur
Support | Resistance | |
Level 1 | 24000 | 24230 |
Level 2 | 23800 | 24400 |
Level 3 | 23500 | 24500 |