Dow Jones finds resistance at 50% fib level

• Dow jones Hour chart with fibonacci ration for the recent fall from 10593 to 9614.
• The index is finding resistance exactly at 50% retrace level, that comes around 10100.
• If goes above this level with good volume the index will regain 10200 level where the next fib level of 61.8% is situated which will act as the next resistance
• Look how the fib ratio is coinciding with the important resistance level of 10200 for Dow Jones.
• S&P 500 END OF DAY ANALYSIS