2/16 DJI weekly report
Resistance: 31200, 32300
Support: 31090, 30648
Thoughts: From the futures we know the indexes have been extremely green overnight, which may lead to a gap up again next week. As we see DJI closed around 31458 next to the pink resistance line last Friday, we may see DJI holds above the pink line as a support, and is about to go for another push up until it reaches 2 resistances mentioned above.
Support: 31090, 30648
Thoughts: From the futures we know the indexes have been extremely green overnight, which may lead to a gap up again next week. As we see DJI closed around 31458 next to the pink resistance line last Friday, we may see DJI holds above the pink line as a support, and is about to go for another push up until it reaches 2 resistances mentioned above.
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