Forex Trading Library

Dow Jones–09.04.2025

By Rami Abu-Draa On Apr 9, 2025

Dow Jones

The Dow fell below 38460 yesterday and managed to sustain a drop toward targets 37680 and closed from second target of 36500.

As we see over the chart, whilst the market is still trading inside the oversold zone, the correction is still on hand towards the 39250-650 zone.

Below 36500 more of a drop could hit the market with support at 35950.

	SUPPORT	RESISTANCE
LEVEL1	37000	37900
LEVEL2	36500	38430
LEVEL3	35950	39000

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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