Dow Jones 2015-02-11
Dow Jones: 17765
Equity on trading zone
Dow managed to hit zone of 18000-100 last year which provided good zone to re-short-sell market as we advised before
as long as market holding trades below 18100 will expect some drop pressure to start affecting market where another drop correction toward 17200 may be expected, which already done twice so far at market
market may hold short-run trading zone between 17000 – 18100
market managed to advance toward targets 17850-900 zone
as long as market holding trades below 17900 another drop movement may hit the market toward 17200 zone
Daily Trend: UP
Weekly Trend: Up
Support | Resistence | |
Level 1 | 17665 | 17850-900 |
Level 2 | 17490 | 18000 |
Level 3 | 17250 | 18080 |