Dow Jones showing drop chance

Dow Jones showing drop chance

Rami
25 (09) 2016 - 19:03 (GMT)
0

Dow Jones (US 30) managed to hold support levels (17900) while manages to head for rebound correction from (18000) zone as previous report advised (see here) where managed to close from our target zone.

Financial Markets heading toward some important data in the last quarter of this year which may drive high liquidity at markets with major trends movements where the most important announcement will be related to US Rate Hike.

Dow facing resistance levels at (18480) which if managed to hold market below a drop wave may hit the market toward (17350) over Short-Run.

Above (18480) the opportunity for farther advance will be valid where second resistance at (18780) which if managed in turn to hold market below the drop wave will sustain chance toward (17350) target.

Above (18000) this model will be corrupted where new intentions to hit (20000) zone may appear at market.

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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