Forex Trading Library

Dow Jones 2016-02-09

0 122

Mini Dow-Jones

15970

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 15730 while short-run showing resistance at 16000-50 zone

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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