• The Dow trades sideways within the symmetrical triangle boundary as in the drawing, and it bounced in trading last week from the bottom 25377 before reaching the supply areas near the upper boundary of the triangle and the price 25960 and is expected to find its resistance below the top 26144 to target support 25774 25820. < img src = "https://namaazone.com/uploads/files/1554069298.jpg" style = "opacity: 1; height: 281px; width: 600px;" />
  • In the larger term, the Dow continued the sideways trading between the support levels 26223 and the resistance levels 25232 above the Ichimoku cloud and the 23.6 Fibonacci levels of the 2154 wave 26236.
  • Breaking through the peak 26236 is important to continue the rise and target 26487 - 26560, and by breaking it targeting the Dow 26847 at the upper Bollinger Boundary.
Support levels: 25377, 25120, 24250 Resistance levels: 2600, 26144, 26236