Forex Trading Library

Dow Jones 2018-08-29

Technical Analysis

By Rami Abu-Draa Last updated Jul 22, 2025

Dow managed to met Short-Run target 26100-200

Market may start to build downtrend wave from this zone where support laying at 25950-80 and 25600

Above 26150 market may add more bonus toward 26300-30 while the uptrend wave will be under suspect

	Support	Resistance
Level 1	25950-80	26150
Level 2	25800	26300-30
Level 3	25600	26500

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.

Gold 2018-08-29

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