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Dow Jones Industrial Average Outlook for September - bearish breakdown
4 September 2015, 15:11
![Sergey Golubev Sergey Golubev](https://c.mql5.com/avatar/2012/12/50D09349-3D90.jpg)
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W1 price is on bearish breakdown market condition with the following key levels:
- 18350.3 key resistance level located far above Ichimoku cloud in the bullish area of the chart; if the
price breaks this level from below to above so we may see the reversal of the price movement from the primary bearish to the primary bullish condition.
- 15295.4 key support level located far below Ichimoku cloud in the bearish area of the chart; if the price breaks this level from above to below so the bearish trend will be continuing.
Chinkou Span line crossed the price to below indicating the bearish breakdown.
If W1 price will break 15295.4
support level so the bearish trend will be continuing.
If W1 price will break 18350.3 resistance level so we may see the reversal of the price movement from the primary bearish to the primary bullish condition.
If not so the price will be ranging between the levels.
Trend: