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Dow Jones –27.02.2025

Technical Analysis
By Rami Abu-Draa
Dow Jones –27.02.2025
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Dow managed to met target 43700 last week while managed to break below it

As we see over the chart market facing resistances around 43800 and 44200-50 where one of those resistances may keep the downtrend pressure over the Dow for farther drop toward target 43000 and below

Above 44250 market may add more advance with resistance around 44600

SUPPORT RESISTANCE
LEVEL1 43260 43800
LEVEL2 42970 44200-50
LEVEL3 42700 44600

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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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