Dow re-test support zone ahead of US Figures

Dow re-test support zone ahead of US Figures

Rami
15 (09) 2016 - 12:15 (GMT)
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Dow Jones managed to retreat again to re-test support zone (18000) as previous Short-Run report advised (see here) while market still holding trades above main support (17900) where as long as market holding above this support another rebound correction will be available ahead of US economic Figures.

Intraday-Levels showing resistance as we see over the chart, which may provide bigger rebound toward (18490) zone if market managed to break those initial resistances.

Below (17900) market may enter new downtrend wave that may carry the market to move down and up where eyes will be shifted toward (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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