Dow Jones holding new support levels

Dow Jones holding new support levels

Rami
13 (09) 2016 - 11:57 (GMT)
0

Dow Jones retreated fast last (Friday,Monday) while market managed to rebound fast also indicating new support levels for an uptrend Line over Daily Chart as we see over the Chart as market closing from Fed Rate Decision and FOMC next week.

Short-Run showing ability for some drop correction toward (18000) before Long(Buy) opportunity rise again where market will show ability from there to head for another advance to (18500-50) zone, where (17900) will consider the main support level for the coming period.

Below (17900) market will enter new downtrend wave that may target (17300) zone

US30 - DOW JONES

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Rami

Rami

Hi all, my name is Rami, with more than 16 years experience in Forex Market, switching from Brokerage field to Fund Management and Risk Management specialty.I had an idea to establish a Home Page to present my thoughts on Forex Market from three different angle or prospective, Mid-Run, Short-Run & Intraday movements .

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