No Change For Dow Jones; S&P 500 Shows Signs Of Consolidation
ICN.com | Nov 24, 2015 04:40AM ET
There is no big change in the situation for Dow Jones, as the index has been trapped within a tight range since the opening of the week.
We still see chances for achieving bullish movements based on stability above SMA20 and 76.4% Fibonacci.
A break above 17900.00 will expose 17975.00.
Support: 17700.00-17620.00-17550.00
Resistance: 17900.00-18030.00-18125.00
Direction: Bullish
S&P 500 started to show signs of consolidation today after being resisted in the 88.6% Fibonacci yesterday.
SMA20 is still carrying the movements from the underside and that may assist bulls to clear 2090-2092.00 regions.
Support: 2075.00-2062.00-2056.00
Resistance: 2097.00-2107.00-2113.00
Direction: Bullish
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