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DOW JONES INDUST:
Once 26450 support was taken off , Dow found support exactly near next important Gann levels 25500. Two times it rallied from this level.Any convincing close below 25500 will open further lower targets for next Gann levels near 25100-24700-24500. Till then it will remain in side ways zone with selling pressure at higher rates.
Follow the levels given below to create your own trading plan. These levels are very important on closing basis.
Those who are interested in complete News letter and detailed weekly trading plan with precise Buy/Sell entry levels & minimum SL can subscribe for it. To subscribe visit the following page https://www.artoftrading.co.in/newsletters
MAJOR SUPPORT LEVELS ON CLOSING BASIS ARE:: 25500-25100-24700-24500
MAJOR RESISTANCE LEVELS ON CLOSING BASIS ARE :: 26450-26750-27000- 27400
Look at the chart . Nymex crude once again found strong support near 50 which is a strong Gann level. Present trend is sideways and weakness will be indicated only below 50 and strength above 61.5. Till then it is expected to remain in sideways mode.
Follow the levels given below and create your own trading plan. These levels are very important on closing basis.
Those who are interested in complete News letter and detailed weekly trading plan with precise Buy/Sell entry levels & minimum SL can subscribe for it. To subscribe visit the following page https://www.artoftrading.co.in/newsletters
MAJOR SUPPORT LEVELS ON CLOSING BASIS ARE:: 50-49-48-45-42
MAJOR RESISTANCE LEVELS ON CLOSING BASIS ARE :: 55.8-57.5-59-61.5-64-64.75-66.6
Superb bull rally is taking place in Gold on expected line.Trend is still up and keep buy on decline strategy in gold near all Gann levels given below.Follow the Gann levels and create your own trading plan.
Those who are interested in complete News letter and detailed weekly trading plan with precise Buy/Sell entry levels & minimum SL can subscribe for it. To subscribe visit the following page https://www.artoftrading.co.in/newsletters
MAJOR SUPPORT LEVELS ON CLOSING BASIS ARE:: 1485-1465-1450-1436- 1400
MAJOR RESISTANCE LEVELS ON CLOSING BASIS ARE :: 1525-1550-1572-1610-1630
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