dowjones technical analysisdowjones technical analysis

DowJones Industrial Spot price trading at 17400 , it opened 200 points lower today and its still down more than 200 points , now Dow has a good support at 17270 and close below then expect another fresh selling in US index upto 17120 – 17000 and even below 17000 not ruled out

Dow has good resistance at 17550 this is crucial level once market cross this and close above this major hurdle then expect Dowjones to zoom upto 17700 – 17900 and more .

Dowjones forecast conclusion : Market trend looking weak for now but for today its already burned 200 points from its monday closing so avoid fresh sell for now and wait for a rise to click sell button

More will update to our Dow jones signals subscribers

By marafat