Dow Jones 2015-06-03
Dow Jones: 18033
Continuation the uptrend ; with lower liquidity
On the longer-term as long as market trading higher than 17,000 $ dollar for the index ;then it is an buy opportunity to target $20,000. . However , on the chart we can see the market was trading within the channel ; however , the market now on the bottom of that short 0- term channel which means expected more upside movement , in case market did not succeeded to respect that channel then the penetration would target the level of 17500
Daily Trend: Down
Weekly Trend: Up
Support | Resistence | |
Level 1 | 18000 | 18150 |
Level 2 | 17950 | 18250 |
Level 3 | 17780 | 18500 |