Dow Jones 2018-05-09
As we advised early this week
Dow managed again to visit Short-Run supprt zone at 23500-700 as we advised last week before market head for another advance
Market managed today to test resistance zone 24500-650 which may provide another drop correction toward 23700-900 befor market head for the Short-Run advance correction wave toward 25500
Above 24650 market may resume advance with resistances at 24850 and 25050
Below 23700 the risk for more drop may hit the market with support at 23350
Support | Resistance | |
Level 1 | 24200 | 24500 |
Level 2 | 24000 | 24650 |
Level 3 | 23700-900 | 24850 |