SonicDeejay
Long

Dow Jones Weekly Update (23/1/16)

FX:US30   Dow Jones Industrial Average Index
I am Slightly Bullish .

We are set for the rebound at least, but it may be short lived as the broad base is still bearish .
We have FOMC meeting and rate decision on Middle of Week.. It will sure the impact on the Dow Jones movemment.
I will rather look for Long but be close my position if there are sign of bears coming up.


Level to watch: Support 15880, 15200 and Resistance level 16200, 16400, 16712
News: Tuesday, Wednesday, Thursday and Friday


SonicDeejay

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