Forex Trading Library

Dow Jones –24.02.2026

By Rami Abu-Draa On Feb 24, 2026

The Dow managed to resume the drop to close at the target and support of 48300-600.
As we see over the chart and as long as market holds above 48300-600, a chance for a rebound could hit the market with resistances at 49150 and 49800-900.
Below 48300, more of a drop will be expected.

	SUPPORT	RESISTANCE
LEVEL1	48300-600	49150
LEVEL2	47600-700	49800-900
LEVEL3	47090	50520

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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