Monday, 23 January 2023

Dow Jones DJI Index: Rebound rally from 33006 CC support zone now closer to top end CC resistance zone 33804!

 Dow Jones DJI Index: Rebound rally from 33006 CC (Cloud Chart)  support zone now closer to top end CC resistance zone 33804! Need a breakout past top end  of the cloud  resistance zone!  If the DJI manages to break past this top end CC zone, then the next key resistance zone is around 34297/34625 targets!



On the 4 H CC the rebound rally started after the DJI managed to find support at 33006 old CC support zone/Turning Line support zone of the CC. Good news is that on the 4H CC the DJI is back above the 33640 level, a critical resistance zone that can now be a key support zone if support holds. The upside targets on the 4H CC are  33804/34011/34297! 




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