Dow Jones 2018-07-23
Dow managed last week to hit target 25180 while market managed to test downtrend resistance line around 25200-50 zone as we see over our previous chart
If market failed to break above this zone another drop wave may hit the market toward 24620-80 zone
Above 25250 more advance toward 25400 and 25800 will be expected
Consider Zone of 24620-80 as the support zone on market
Support | Resistance | |
Level 1 | 24880 | 25125 |
Level 2 | 24620-80 | 25200-50 |
Level 3 | 24460 | 25400 |