Resistance – 17,784, 17,892, 18,018
Support – 17,714, 17,652, 17,589
Support – 17,714, 17,652, 17,589
- Dow’s recovery of today’s low of 17,657 followed by a move back above 17,714 (61.8% of 18,118-17,060) following Wednesday’s bullish closing would open doors for a rally to 17,892 (78.6% of 18,118-17,060) levels.
- On the lower side, 174,714 is a good support, which if breached could see the index re-test 17,652 levels.