VasilyTrader

Dow Jones Index (US30): Key Levels to Watch This Week

Short

Here is my latest structure analysis and key levels to watch this week on Dow Jones.

Support 1: 31420 - 31830 area
Support 2: 30690 - 30900 area
Support 3: 30070 - 30360 area

Resistance 1: 32250 - 32610 area
Resistance 2: 33430 - 33660 area

The market is currently stuck between Support 1 & Support 2.
The market participants are awaiting the interest rate decision on Wednesday.
It will most likely clarify the future direction of the market with a breakout.

Consider the underlined structures for pullback/breakout trading.


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