Dow Jones Futures Index made it back above 26695.25
The Index has breached a critical level at 26695.25 after bouncing back at 25979.25 and crossing over 26337.25 within three trading sessions. These moves were captured by my support and resistance indicator, which is automated to highlight the current level and also predict the future support and resistance level.
The Index could continue to retest previous major resistance at 27053.25, but it will need to remain above 26695.25 and go through 26832.00 and 26917.00 to achieve that target. The immediate support level is estimated at 26474.00 and 26337.25
The Index has breached a critical level at 26695.25 after bouncing back at 25979.25 and crossing over 26337.25 within three trading sessions. These moves were captured by my support and resistance indicator, which is automated to highlight the current level and also predict the future support and resistance level.
The Index could continue to retest previous major resistance at 27053.25, but it will need to remain above 26695.25 and go through 26832.00 and 26917.00 to achieve that target. The immediate support level is estimated at 26474.00 and 26337.25