ICN.com | Nov 26, 2015 05:20AM ET
Dow Futures is moving within the same trading range after bouncing from 76.4% Fibonacci, as we explained yesterday.
The index trades below 88.6% Fibonacci retracement, while other technical indicators-ADX and RSI- are in a neutral mode.
Thus, we remain neutral over intraday basis, as low liquidity conditions are awaited due to the Thanksgiving holiday in US.
Support: 17700.00-17620.00-17550.00
Resistance: 17900.00-18030.00-18125.00
Direction: Neutral
Struggle around 88.6% Fibonacci retracement continues along with very slow movements on S&P 500 since yesterday.
U.S. stock market holiday may make it difficult for future to show big moves; thus, we will be on the sidelines.
Support: 2075.00-2062.00-2056.00
Resistance: 2097.00-2107.00-2113.00
Direction: Neutral
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