Forex Trading Library

Dow Jones 2016-02-08

0 151

Mini Dow-Jones

15935

our model still the same to expect that as long as market holding below 16425 a chance for another drop rally toward 15635 will be expected

above 16425 market will head to test 16535-50 zone with chances for farther advance toward 16700

market so far managed to drop toward 15875-99 support level where as long as market holding above this zone a chance for rebound correction toward 16000-50 will be available during the day

as long as market holding below 16050 will expect the downtrend wave to sustain toward 15635

above 16050 market will face resistance at 16195

  Support Resistence
Level 1 15875 16000-50
Level 2 15765 16195
Level 3 15635 16350
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