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prakashgp

Resistance zone for possible re-entry for short

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Dow Jones Industrial Average Index (TVC:DJI)  
prakashgp  
TVC:DJI   Dow Jones Industrial Average Index
Support and Resistance Fibonacci Trend Lines
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supportandresistance fibonacci trendline
The two levels act as resistance zone . This zone is confluence of Fib 50% retracement level, 200 ema , trendline retest/resistance, and a broken support level which turned into resistance (this level held nicely during last bullish breakout retest, so strong support turned into strong resistance)
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