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Dow Jones And S&P 500 Futures Move To Upside

Published 07/02/2015, 06:12 AM
Updated 07/09/2023, 06:31 AM

Dow Jones

Dow has moved to the upside and it is currently hitting the key resistance of 17690.00. It seems that the index has found a good support in the 17460 areas and the recovery may continue over intraday basis.

Dow Jones Daily Chart

SMA20 and SMA50 could be the target of the under-preparation re-test, while breaching below yesterday’s low at 15575 will change this outlook.

Support: 17500.00-17460.00-17315.00

Resistance: 17600.00-17695.00-17730.00

Direction: Up

SP500 Futures:

SP 500 has moved to the upside, as we discussed in our midday updates yesterday.

S&P 500 Daily Chart

Passing over 2070.00 should open the door up towards moving averages, where the index may make a re-test.

A break back below 2056.00 will give us a rational reason for concern.

Support: 2065.00-2055-2043.00

Resistance: 2075.00-2083.00-2092.00

Direction: Up

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