Forex Trading Library

Dow Jones 2018-07-02

Technical Analysis

By Rami Abu-Draa Last updated Jun 23, 2025

Along side with our last projection over Dow market still holding downtrend pressure

Intraday Levls showing support at 23990 while resistance at 24480 which may hold a trading zone

As long as market hoding below 24480 the downtrend side will sustain to test 3800-50 zzone which may push for rebound correction

Below 23800 the downtrend pressure may sustain toward our last week scenario target 23300-500

	Support	Resistance
Level 1	23990	24200
Level 2	23800-50	24340
Level 3	23500	24480

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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