Dow Jones futures climb up ahead of jobless claims and oil turbulence

Dow Jones (YM) climbed up mildly while investors are waiting for the jobless claims report later and digesting the recent oil turbulence news.

The Dow is expecting to travel within the trading range between 22800–23500 with a bias to break below 22800 to test the support level at 22400.

The strategy is based on identifying the day trading’s support & resistance and the key levels such as the day high/low, non-RTH high/low, axis line, swing high/low, etc…as shown in the video below.