Technical Outlook for DOW 17-6-2015

Technical Outlook for DOW 17-6-2015

Dow Jones moved yesterday in the average movement of 228 pips,
its highest level at 17919 and the lowest Level at 17688 and closed at 17909 to Gain 118 pips,
according to positive of building permits from USA.
Dow opened today's trading at volatile between 17907 and 17951 during the Asian session trading at 44 pips for the poor liquidity in the market range, and in the European session the pair went up to 17976.
Dow moves in a series of up impulse waves after breaking the price channel.
It is expected that the oil is heading targeting 18070 as the target on time frame of four hours and till now we see the Bulls control on market direction
And the Relative Strength Indicator "RSI" show us accumulation operations at the market
Today we could see sharp trading because of the economic data from USA
Support levels: 17758 and 17607 and 17527
Resistance levels: 17989 and 18069 and 18220

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