Dow will see correction down to 22,050

[wp_lightbox_prettyPhoto_image link=”http://www.economicsignature.com/wp-content/uploads/2018/02/20180216.png” description=”The resistant band around 22,616 of Dow for the following months has been established on Jan 28, 2018, suggested by the gap on Jan 30, 2018. Although the market is bouncing back recently, it may test around the resistance and sell off again. The following support band we may see is at around 22,050, suggested by the gap up on Sep 11, 2017.” source=”http://www.economicsignature.com/wp-content/uploads/2018/02/20180216.png” title=”Dow will see correction down to 22,050″]

 

The resistant band around 22,616 of Dow for the following months has been established on Jan 28, 2018, suggested by the gap on Jan 30, 2018. Although the market is bouncing back recently, it may test around the resistance and sell off again. The following support band we may see is at around 22,050, suggested by the gap up on Sep 11, 2017.

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