Dow Jones 2018-07-03

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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 …. dow managed to rebound since yesterday this zone

As long as market hoding below 24480 the downtrend side will sustain to test 23800-50 zone which may push for rebound correction

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

Above 24670 Uptrend wave may back to controll the market

  Support Resistance
Level 1 24380 24480
Level 2 24220 24570
Level 3 24050 24670
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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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