Dow Jones 2015-12-23
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Dow Jones
17425
Market is seen to have travelled higher aiming closer at the Resistance levels of 17425-17528.
Market does look like it favors a trend corrective move upwards before making a trend continuation move downwards along the C to D leg.
The above shown geometric pattern signals a probable drop of prices following the C t D leg targeting the shorter term Support areas of 17321-17214.
Support | Resistence | |
Level 1 | 17321 | 17425 |
Level 2 | 17261 | 17479 |
Level 3 | 17214 | 17528 |